Worthington Enterprises to report first-quarter earnings as analysts expect earnings per share to rise to 75 cents

  • Worthington Enterprises will release first-quarter earnings after Tuesday’s closing bell.
  • Analysts expect 75 cents per share and $331.27 million in quarterly revenue.
  • Worthington pays 20 cents quarterly, or 80 cents annually, per share.

Worthington Enterprises, Inc. will release first-quarter results after the closing bell on Tuesday, Sept. 22. Analysts expect earnings of 75 cents per share, up from 74 cents a year earlier, and revenue of $331.27 million, compared with $303.71 million last year, according to Benzinga Pro. The company pays a quarterly dividend of 20 cents per share, or 80 cents annually, resulting in a 1.36% annual dividend yield. At that payment rate, an investor would need approximately 7,500 shares worth $441,300 to target $500 in monthly dividend income, or 1,500 shares worth $88,260 for $100 monthly. Worthington shares gained 8.2% to close at $58.84 on Wednesday, the price used for the calculations. Dividend yield changes when the stock price or dividend payment changes. Worthington reported worse-than-expected fourth-quarter financial results on June 23.

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