Earnings Miss: Worthington Enterprises, Inc. Missed EPS By 21% And Analysts Are Revising Their Forecasts

It's been a sad week for Worthington Enterprises, Inc. (NYSE:WOR), who've watched their investment drop 10% to US$52.41 in the week since the company reported its quarterly result. Results overall were not great, with earnings of US$0.55 per share falling drastically short of analyst expectations. Meanwhile revenues hit US$327m and were slightly better than forecasts. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.

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Taking into account the latest results, the consensus forecast from Worthington Enterprises' five analysts is for revenues of US$1.33b in 2026. This reflects a satisfactory 5.9% improvement in revenue compared to the last 12 months. Per-share earnings are expected to leap 55% to US$3.32. Before this earnings report, the analysts had been forecasting revenues of US$1.31b and earnings per share (EPS) of US$3.49 in 2026. So it looks like there's been a small decline in overall sentiment after the recent results - there's been no major change to revenue estimates, but the analysts did make a small dip in their earnings per share forecasts.

View our latest analysis for Worthington Enterprises

The consensus price target held steady at US$68.00, with the analysts seemingly voting that their lower forecast earnings are not expected to lead to a lower stock price in the foreseeable future. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. Currently, the most bullish analyst values Worthington Enterprises at US$80.00 per share, while the most bearish prices it at US$51.00. As you can see, analysts are not all in agreement on the stock's future, but the range of estimates is still reasonably narrow, which could suggest that the outcome is not totally unpredictable.

These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Worthington Enterprises' past performance and to peers in the same industry. For example, we noticed that Worthington Enterprises' rate of growth is expected to accelerate meaningfully, with revenues forecast to exhibit 12% growth to the end of 2026 on an annualised basis. That is well above its historical decline of 27% a year over the past five years. Compare this against analyst estimates for the broader industry, which suggest that (in aggregate) industry revenues are expected to grow 5.3% annually. Not only are Worthington Enterprises' revenues expected to improve, it seems that the analysts are also expecting it to grow faster than the wider industry.

The Bottom Line

The biggest concern is that the analysts reduced their earnings per share estimates, suggesting business headwinds could lay ahead for Worthington Enterprises. Fortunately, they also reconfirmed their revenue numbers, suggesting that it's tracking in line with expectations. Additionally, our data suggests that revenue is expected to grow faster than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have forecasts for Worthington Enterprises going out to 2028, and you can see them free on our platform here.

Plus, you should also learn about the 2 warning signs we've spotted with Worthington Enterprises .

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.