Worthington reports Q2 adjusted EPS 60c, consensus 52c

Reports Q2 revenue $274.05M, consensus $273.77M. “We delivered solid financial results for the quarter despite mild but persistent macro headwinds, achieving year over year and sequential growth in adjusted EBITDA and adjusted EPS,” said Worthington (WOR) Enterprises president and CEO Joe Hayek. “Consumer Products’ earnings growth was driven by increased volumes and improved gross margins. Building Products generated higher earnings driven by the inclusion of Ragasco and stronger contributions from WAVE.”