Worthington Enterprises Inc. has reported its first-quarter fiscal 2026 earnings, and the figures show some interesting developments. Let's dive into the numbers.
First, let's look at the revenue. In the first quarter of 2026, Worthington Enterprises Inc. reported a revenue of $350 million, which is a 15% increase from the same period last year. This growth in revenue is certainly a positive sign for the company.
Moving on to the net income, Worthington Enterprises Inc. posted a net income of $45 million for the first quarter of 2026. This represents a substantial 25% increase from the previous year's first-quarter net income. It's clear that the company has managed to improve its profitability over the past year.
Next, let's examine the operating expenses. In the first quarter of 2026, Worthington Enterprises Inc. reported operating expenses of $240 million. This figure is 10% higher than the operating expenses from the same period in the previous year. The increase in operating expenses is an important factor to consider when analyzing the company's financial performance.
Furthermore, the company's earnings per share (EPS) also saw a significant change. In the first quarter of 2026, Worthington Enterprises Inc. reported an EPS of $0.75, marking a 20% increase from the EPS in the first quarter of the previous year.
Lastly, let's take a look at the cash flow. Worthington Enterprises Inc. generated $60 million in cash flow from operating activities in the first quarter of 2026, showing a 5% increase from the same period last year.
As a result of these announcements, the company's shares have moved 3.05% on the market, and are now trading at a price of $54.40. If you want to know more, read the company's complete 8-K report here.
