Why Is Worthington Enterprises Stock Diving Premarket On Wednesday?
Why Is Worthington Enterprises Stock Diving Premarket On Wednesday?
Adjusted Worthington Enterprises, Inc. (NYSE:WOR) shares are trading lower at a premarket on Wednesday after the company reported worse-than-expected first-quarter financial results.
worthington enterprises公司（纽交所：WOR）股票周三盘前交易走低，原因是公司报告的第一季度财务业绩低于预期。
On Tuesday, the company reported a net sales decline of 17.5% Y/Y to $257.3 million, missing the consensus of $300.26 million.
周二，该公司报告净销售同比下降17.5％至25730万美元，未达到预期的30026万美元。
The decline was attributed to the deconsolidation of the former Sustainable Energy Solutions (SES) segment in the fourth quarter of FY24 and lower volumes in the Building Products segment.
下降的原因可归因于在第24财年第四季度取消合并了前可持续能源解决方案（SES）部门，以及建筑产品部门销量下降。
Adjusted EBITDA from continuing operations fell to $48.4 million from $65.9 million a year ago quarter. Adjusted EPS of $0.50 missed the consensus of $0.74.
来自持续运营的调整后 EBITDA 从去年同期的6590万美元降至4840万美元。每股调整后收益为0.50美元，低于预期的0.74美元。
By segment, Consumer Products' net sales stood at $117.6 million in the quarter, with adjusted EBITDA coming in at $17.8 million. Meanwhile, Building Products generated net sales of $139.7 million, down 15.8% Y/Y, in the quarter.
按部门划分，消费产品的净销售额在该季度为11760万美元，调整后的 EBITDA 为1780万美元。与此同时，建筑产品在该季度创造了13970万美元的净销售额，同比下降15.8％。
As of May 31, 2024, debt remained steady at $300 million and cash stood at $178.5 million.
截至2024年5月31日，债务保持稳定，为30000万美元，现金为17850万美元。
Dividend: The Board of Directors declared a quarterly dividend of $0.17 per common share, payable on December 27, 2024, to shareholders of record as of December 13, 2024.
股息：董事会宣布每股普通股0.17美元的季度股息，将于2024年12月27日支付给截至2024年12月13日持股的股东。
In the quarter, the company repurchased 150,000 common shares for $6.8 million, averaging $45.35 per share.
在该季度，该公司以680万美元回购了15万股普通股，平均每股45.35美元。
Worthington Enterprises President and CEO Andy Rose stated, "Consumer Products had a solid quarter delivering year over year earnings growth despite flat volumes. Building Products earnings were down on weak volumes in our heating and cooking business, combined with lower contributions from ClarkDietrich, which continued to face some margin compression."
worthington enterprises总裁兼首席执行官安迪·罗斯表示：“尽管产品销量持平，消费产品在本季度取得了年度盈利增长。建筑产品的盈利因我们的供暖和烹饪业务销量不佳以及ClarkDietrich的贡献下滑而下降，ClarkDietrich仍在面临一些利润挤压问题。”
"We have a positive long-term outlook especially with the recent recalibration of interest rates. Our market-leading products and brands are well-positioned to take advantage of long-term secular trends and should benefit when near-term headwinds subside and demand normalizes," Rose added.
“尤其是最近利率期货的重新校准后，我们对长期前景持乐观态度。我们市场领先的产品和品牌位置良好，能够利用长期结构性趋势，并在短期阻力消除、需求恢复正常时获益，”罗斯补充道。
Price Action: WOR shares are down 5.03% at $43.01 premarket at the last check on Wednesday.
价格走势：截至上周三最后检查时，WOR股价预盘下跌5.03%，报43.01美元。
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