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Analysts on Wall Street project that Donaldson (DCI - Free Report) will announce quarterly earnings of $1.05 per share in its forthcoming report, representing an increase of 6.1% year over year. Revenues are projected to reach $979.07 million, increasing 4.1% from the same quarter last year.

The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.

Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.

While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.

That said, let's delve into the average estimates of some Donaldson metrics that Wall Street analysts commonly model and monitor.

The consensus estimate for 'Net Sales- Industrial Solutions segment' stands at $290.35 million. The estimate suggests a change of +2.5% year over year.

It is projected by analysts that the 'Net Sales- Life Sciences segment' will reach $79.45 million. The estimate suggests a change of +7.1% year over year.

The collective assessment of analysts points to an estimated 'Net Sales- Mobile Solutions' of $613.24 million. The estimate suggests a change of +5.3% year over year.

Analysts predict that the 'Net Sales- Mobile Solutions- On-Road' will reach $31.21 million. The estimate indicates a change of +16% from the prior-year quarter.

Based on the collective assessment of analysts, 'Net Sales- Mobile Solutions- Off-Road' should arrive at $99.29 million. The estimate points to a change of +3.9% from the year-ago quarter.

The consensus among analysts is that 'Net Sales- Industrial Solutions- Aerospace and Defense' will reach $49.32 million. The estimate suggests a change of -4.2% year over year.

Analysts expect 'Net Sales- Industrial Solutions- Industrial Filtration Solutions' to come in at $241.37 million. The estimate suggests a change of +4.1% year over year.

According to the collective judgment of analysts, 'Net Sales- Mobile Solutions- Aftermarket' should come in at $482.40 million. The estimate suggests a change of +4.9% year over year.

The combined assessment of analysts suggests that 'Earnings / (loss) before income taxes- Mobile Solutions' will likely reach $113.36 million. Compared to the present estimate, the company reported $105.30 million in the same quarter last year.

The average prediction of analysts places 'Earnings / (loss) before income taxes- Life Sciences' at $6.46 million. The estimate compares to the year-ago value of $5.80 million.

Analysts' assessment points toward 'Earnings / (loss) before income taxes- Industrial Solutions' reaching $53.01 million. The estimate compares to the year-ago value of $51.20 million.

View all Key Company Metrics for Donaldson here>>>

Shares of Donaldson have demonstrated returns of -3.8% over the past month compared to the Zacks S&P 500 composite's +5% change. With a Zacks Rank #3 (Hold), DCI is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .

Donaldson Company, Inc. (NYSE: DCI) today announced that its Board of Directors declared a regular cash dividend of 32.0 cents per share, an increase of 6.7% f

MINNEAPOLIS--(BUSINESS WIRE)--Donaldson Company, Inc. (NYSE: DCI) (Donaldson or the Company), a global leader in technology-led filtration products and solutions, today reported third quarter fiscal 2026 generally accepted accounting principles (GAAP) net earnings of $118.1 million, compared with $57.8 million a year ago. Earnings per share (EPS)1 were $1.00 compared with third quarter fiscal 2025 EPS of $0.48. Third quarter fiscal 2026 results include $9.8 million of pre-tax, non-recurring net.

Donaldson (DCI - Free Report) reported $995.1 million in revenue for the quarter ended April 2026, representing a year-over-year increase of 5.9%. EPS of $1.06 for the same period compares to $0.99 a year ago.

The reported revenue represents a surprise of +1.64% over the Zacks Consensus Estimate of $979.07 million. With the consensus EPS estimate being $1.05, the EPS surprise was +0.57%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Donaldson performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

Net Sales- Industrial Solutions segment: $281.7 million versus the three-analyst average estimate of $290.35 million. The reported number represents a year-over-year change of -0.6%.Net Sales- Life Sciences segment: $83.5 million versus $79.45 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +12.5% change.Net Sales- Mobile Solutions segment: $629.9 million versus $613.24 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +8.1% change.Net Sales- Mobile Solutions- On-Road: $28.3 million versus $31.21 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +5.2% change.Net Sales- Mobile Solutions- Off-Road: $104 million versus the three-analyst average estimate of $99.29 million. The reported number represents a year-over-year change of +8.8%.Net Sales- Industrial Solutions- Aerospace and Defense: $44.6 million versus $49.32 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -13.4% change.Net Sales- Industrial Solutions- Industrial Filtration Solutions: $237.1 million versus the three-analyst average estimate of $241.37 million. The reported number represents a year-over-year change of +2.3%.Net Sales- Mobile Solutions- Aftermarket: $497.6 million compared to the $482.4 million average estimate based on three analysts. The reported number represents a change of +8.2% year over year.Earnings / (loss) before income taxes- Mobile Solutions: $127 million versus $113.36 million estimated by three analysts on average.Earnings / (loss) before income taxes- Corporate and unallocated: $-16.7 million compared to the $-8.79 million average estimate based on three analysts.Earnings / (loss) before income taxes- Life Sciences: $6.8 million versus the three-analyst average estimate of $6.46 million.Earnings / (loss) before income taxes- Industrial Solutions: $37.7 million versus the three-analyst average estimate of $53.01 million.View all Key Company Metrics for Donaldson here>>>

Shares of Donaldson have returned -4% over the past month versus the Zacks S&P 500 composite's +5.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

Donaldson Company, Inc. (DCI) Q3 2026 Earnings Call Transcript

Key Takeaways Donaldson increased its quarterly dividend 6.7% to 32 cents per share.DCI marked its 30th straight year of annual dividend increases and 70 years of payouts.DCI paid $69.3M in dividends and repurchased $108.6M of shares in fiscal H1 2026. In a shareholder-friendly move, Donaldson Company, Inc. (DCI - Free Report) has announced a hike in its dividend payout. The company increased its quarterly dividend 6.7% to 32 cents per share (annually: $1.28). The new dividend will be paid out on June 30, 2026, to shareholders of record as of June 15.

The move underscores DCI’s sound financial health as it utilizes free cash flow to enhance its shareholders’ returns. This marks Donaldson’s 30th consecutive year of annual dividend increase. It has been paying dividends every quarter for the last 70 years. Prior to this, it had hiked its dividend 11.1% to 30 cents per share in May 2025.

Strong cash flows allow Donaldson to effectively deploy capital for making acquisitions, repurchasing shares and paying out dividends. Dividend payments totaled $69.3 million in the first six months of fiscal 2026 (ended January 2026) and $131.9 million in fiscal 2025 (ended July 2025). The company bought back shares worth $108.6 million in the first six months of fiscal 2026 and $333.6 million in fiscal 2025. We believe such disbursements highlight the company’s operational strength and commitment to enhancing shareholders’ wealth.

DCI’s Zacks Rank & Price PerformanceDonaldson is benefiting from higher volume in the aftermarket business, driven by positive market trends and the impact of expanded market share within the Mobile Solutions segment. Persistent strength in the filtration solutions business is aiding DCI’s Industrial Solutions segment. However, weakness in the on-road business remains a concern.

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In the past year, this Zacks Rank #3 (Hold) company’s shares have gained 18% compared with the industry’s 29.4% growth.

The Zacks Consensus Estimate for DCI’s fiscal 2027 (ending July 2026) earnings has been stable at $3.97 per share over the past 60 days.

Stocks to ConsiderSome better-ranked companies are discussed below:

CECO Environmental (CECO - Free Report) currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

CECO delivered a trailing four-quarter average earnings surprise of 46.5%. In the past 60 days, the Zacks Consensus Estimate for CECO Environmental’s 2026 earnings has increased 17.2%.

Helios Technologies (HLIO - Free Report) presently sports a Zacks Rank of 1. Helios has a trailing four-quarter average earnings surprise of 15.7%.

The Zacks Consensus Estimate for HLIO’s 2026 earnings has increased 4% in the past 60 days.

RBC Bearings (RBC - Free Report) presently carries a Zacks Rank #2 (Buy). The company delivered a trailing four-quarter average earnings surprise of 6.2%.

In the past 60 days, the consensus estimate for RBC’ fiscal 2027 (ending March 2027) earnings has increased 0.5%.

Some stocks are hot. Others are scorching. Having more than tripled over the past year and now flirting with a quadruple over that period, semiconductor maker Marvell Technology (MRVL) is certainly in the scorching camp.

It’s obviously benefiting the Direxion Daily MRVL Bull 2X ETF (MRVU), an ETF designed to deliver 200% of the daily performance of the chip stock. MRVU displayed its benefits to short-term traders earlier this week when Marvell surged 32% in a single trading day after Nvidia (NVDA) CEO Jensen Huang overtly complimented the fabless semiconductor company – heady praise to be sure.

See more: It’s Nvidia’s World: How Advisors See the Next Phase of AI

Perhaps take it with a grain of salt because Nvidia is invested in Marvell, but Huang came right out and said that Marvell could become a $1 trillion company. Such a statement implies an opportunity to occasionally capitalize    with the leveraged MRVU. To get to a market value of $1 trillion, Marvell would need to more than triple from its June 2 market cap.

Potentially adding to the allure of Marvell for committed investors and supporting the case for occasional deployment of MRVU is the point that, believe it or not, some market observers don’t view the stock as overvalued.

“It is still a 4-star-rated stock that trades at a 13% discount. Technically, as a 4-star-rated stock, we do think that it is attractive compared to its long-term intrinsic valuation on a risk-adjusted basis,” noted Morningstar’s Dave Sekera.

More to Come for MRVU? Marvell’s positioning in the data center interconnect (DCI) module space indicates that the chipmaker is a leader in addressing a key artificial intelligence (AI) bottleneck. That is music to bulls’ ears, as well as to traders seeking amplified short-term gains with MRVU. Consider what Chairman and CEO Matt Murphy had to say about DCI modules on Marvell’s latest earnings conference call.

“The increase in our revenue outlook continues to be driven by our data center business, which we now expect to grow approximately 50% this fiscal year. Notably, we expect our interconnect business to grow more than 70% [YoY], well above our prior expectation of 50% growth,” he said.

Another potential catalyst for the chip stock and thus MRVU, is the stock’s potential inclusion in the S&P 500, which is expected to rebalance on June 19. Still, traders should be careful with MRVU heading into that event.

“However, there’s no guarantee Marvell will be added immediately. The selection committee at S&P Dow Jones Indices has discretion when determining which eligible companies to add to the index and sometimes chooses not to make changes at the scheduled time,” noted Barron’s.

For more news, information, and strategy, visit the Leveraged & Inverse Content Hub.

Donaldson Company, Inc. (DCI) Presents at 46th Annual William Blair Growth Stock Conference Transcript

Windsor Advisory Group disclosed a buy of 78,197 shares of Worthington Enterprises (WOR +0.85%) in its February 17, 2026, SEC filing, with an estimated transaction value of $4.32 million based on quarterly average pricing.

What happenedAccording to a February 17, 2026, SEC filing, Windsor Advisory Group, LLC increased its holding in Worthington Enterprises by 78,197 shares during the fourth quarter. The estimated value of this share purchase is approximately $4.32 million, based on the mean unadjusted closing price for the period. The quarter-end value of the position rose by $2.88 million, reflecting both the increased share count and price appreciation.

What else to knowThis was a buy; Worthington Enterprises represented 17.13% of Windsor Advisory Group's 13F reportable AUM after the trade.Top holdings after the filing:NASDAQ:PAYX: $23.76 million (21.2% of AUM)NYSE:WOR: $19.20 million (17.1% of AUM)NYSE:WS: $7.19 million (6.4% of AUM)NYSEMKT:IVV: $6.68 million (6.0% of AUM)NASDAQ:NVDA: $6.33 million (5.7% of AUM)As of Friday, shares of Worthington Enterprises were priced at $47.64, up 15% over the past year, which roughly matches the S&P 500’s gain in the same period.Company overviewMetricValueRevenue (TTM)$1.25 billionNet Income (TTM)$106 millionDividend Yield1.6%Price (as of Friday)$47.64Company snapshotWorthington Enterprises offers value-added steel processing, manufactured consumer products, building products, and sustainable energy solutions, with key brands including Coleman, Bernzomatic, and Level5.The firm generates revenue primarily through steel processing and the sale of branded consumer and industrial products across diversified end markets.It serves automotive, construction, appliance, energy, and retail customers in North America and internationally.Worthington Enterprises is a leading industrial manufacturer specializing in steel processing and value-added metal fabrication, supported by a broad portfolio of consumer and building products. The company's diversified operating segments and established brands position it to serve a wide range of industrial and retail markets.

What this transaction means for investorsHigh-conviction investments in steady industrial companies might not grab headlines, but they reveal where managers see reliable cash flows hiding in plain sight. This particular allocation stands out not just for its size, but for the confidence it reflects. Putting over 17% of a portfolio into one company signals trust in both the business itself and its stabilizing role amid more volatile holdings.

Worthington strikes a balance. It's not about explosive growth, but it’s definitely not stagnant either. The company pulled in around $1.3 billion in sales and approximately $284 million in adjusted EBITDA in the year ended November 30, with improving margins as it shifts towards higher-value building products, and the recent acquisition of LSI underscores this change. It focuses on niche, engineered building components that come with consistent demand and high switching costs in a market expected to grow steadily by 3% to 5% each year.

When compared to holdings like Paychex or Nvidia, this stake brings a different flavor with its industrial focus and more predictable cash flow.

Jonathan Ponciano has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nvidia. The Motley Fool has a disclosure policy.

Worthington Enterprises, Inc. (NYSE:WOR) will release earnings for its third quarter after the closing bell on Tuesday, March 24.

Analysts expect the company to report quarterly earnings of 96 cents per share, up from 91 cents per share in the year-ago period. The consensus estimate for Worthington’s quarterly revenue is $349.41 million (it reported $304.52 million last year), according to Benzinga Pro.

On Dec. 16, Worthington reported mixed second-quarter financial results and announced it will acquire LSI Group.

KB Home shares gained 4% to close at $53.19 on Monday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company </em></a> in the recent period.

Considering buying WOR stock? Here’s what analysts think:

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COLUMBUS, Ohio, March 24, 2026 (GLOBE NEWSWIRE) -- Worthington Enterprises Inc. (NYSE: WOR), a designer and manufacturer of market-leading building and consumer products that improve everyday life by elevating spaces and experiences, today reported results for its fiscal 2026 third quarter ended February 28, 2026.

Recent Developments and Third Quarter Highlights (all comparisons to the third quarter of fiscal 2025):

Net sales were $378.7 million, an increase of 24%.Net earnings increased 15% to $45.1 million, while adjusted net earnings increased 7% to $48.5 million and adjusted EBITDA grew 15% to $84.6 million.Earnings per share on a fully-diluted basis (“EPS – diluted”) improved to $0.92 from $0.79 per share, while adjusted EPS – diluted increased to $0.98 from $0.91 per share.Operating cash flow increased 8% to $61.9 million, while free cash flow improved 8% to $48.1 million.Repurchased 100,000 common shares for $5.4 million, leaving 4,915,000 common shares available for repurchase under the company’s existing authorization.Declared a quarterly dividend of $0.19 per common share payable on June 29, 2026, to shareholders of record at the close of business on June 15, 2026.Acquired LSI Group (“LSI”), a market-leading manufacturer of standing seam metal roof clips and retrofit components in the commercial metal roof market on January 16, 2026, for approximately $205.0 million, subject to closing adjustments. “We delivered another quarter of strong, resilient performance, achieving year-over-year growth in adjusted EPS and EBITDA for the sixth consecutive quarter,” said Worthington Enterprises President and CEO Joe Hayek. “Our teams delivered solid organic growth across both segments, driving meaningfully higher sales and earnings. We were happy to welcome the LSI team to Worthington when the acquisition closed in January, and we are excited about the contributions they are already making to our Building Products segment.”

Financial highlights for the current year and prior year quarters are as follows:

(U.S. dollars in millions, except per share amounts)3Q 2026  3Q 2025 GAAP Financial Measures     Net sales$378.7  $304.5 Operating income 31.5   20.9 Earnings before income taxes 60.1   52.6 Net earnings 45.1   39.3 EPS – diluted 0.92   0.79 Net cash provided by operating activities 61.9   57.1       Non-GAAP Financial Measures(1)     Adjusted operating income$35.2  $26.2 Adjusted EBITDA 84.6   73.8 Adjusted net earnings 48.5   45.3 Adjusted EPS – diluted 0.98   0.91 Free cash flow 48.1   44.4          (1) Refer to the “GAAP / Non-GAAP Reconciliations” and the “Use of Non-GAAP Financial Measures and Definitions” sections of this release for additional information regarding the use of non-GAAP financial measures and reconciliations to the most directly comparable financial measures calculated and presented in accordance with GAAP.

Consolidated Quarterly Results

Net sales for the third quarter of fiscal 2026 increased $74.2 million, or 24.4%, over the prior year quarter to $378.7 million, driven by higher overall volumes and the impact of acquisitions, which contributed $32.2 million to net sales in the current year quarter. Excluding the impact of acquisitions, net sales increased $42.0 million, or 13.8% compared to the prior year quarter.

Operating income increased $10.7 million to $31.5 million, reflecting higher net sales and improved fixed cost absorption in the company’s wholly owned businesses. On an adjusted basis, operating income increased $9.0 million in the third quarter of fiscal 2026 to $35.2 million compared to the prior year quarter, primarily due to higher volumes and contributions from recent acquisitions.

Equity in net income of unconsolidated affiliates decreased $1.4 million from the prior year quarter to $30.7 million, on lower contributions from ClarkDietrich, which were down $3.8 million, partially offset by higher contributions from WAVE, which were up $2.1 million.

Income tax expense was $15.0 million in the third quarter of fiscal 2026, compared to $13.2 million in the prior year quarter. The increase was driven by higher pre-tax earnings. Income tax expense in the third quarter of fiscal 2026 reflects an estimated annual effective tax rate of 24.3%, compared to 24.4% in the prior year quarter.

Balance Sheet and Cash Flow

Total debt at quarter end was $312.0 million, an increase of $9.2 million compared to May 31, 2025, due to an increase in short-term borrowings to fund acquisitions and the remeasurement of the company’s euro-denominated notes. The company had $4.8 million outstanding under its revolving credit facility as of February 28, 2026, leaving $495.2 million available for future use and providing substantial liquidity.

The company ended the quarter with cash and cash equivalents of $6.0 million, a decrease of $244.1 million from May 31, 2025, primarily driven by the acquisitions of Elgen Manufacturing (“Elgen”) and LSI. During the third quarter of fiscal 2026, the company generated operating cash flow of $61.9 million, of which $13.8 million was invested in capital expenditures, resulting in free cash flow of $48.1 million, up from $44.4 million in the prior year quarter. Capital expenditures in the current year quarter included approximately $4.1 million related to ongoing facility modernization projects.

Quarterly Segment Results

Building Products generated net sales of $223.9 million in the current year quarter, an increase of $59.0 million, or 35.8%, over the prior year quarter. The increase was driven by higher overall volumes and the impact of acquisitions, which contributed $32.2 million to net sales in the current year quarter. Excluding the impact of acquisitions, net sales in Building Products increased $26.8 million, or 16.3% compared to the prior year quarter. Adjusted EBITDA increased $5.6 million from the prior year quarter to $58.8 million, driven by the impact of higher net sales, partially offset by lower overall contributions of equity in net income of unconsolidated affiliates, primarily related to ClarkDietrich.

Consumer Products generated net sales of $154.8 million in the current year quarter, an increase of $15.1 million, or 10.8%, over the prior year quarter, driven by higher volumes and higher average selling prices. Adjusted EBITDA in Consumer Products increased $6.8 million from the prior year quarter to $35.5 million, driven by the impact of higher net sales.

Outlook

“As we approach the end of our fiscal year and look ahead to fiscal 2027, we believe we are very well positioned,” Hayek said. “The continued efforts of our teams to bring innovative solutions to our customers support our organic growth. Consistent free cash flow generation and a strong balance sheet provide the flexibility to pursue additional growth opportunities aligned with our strategy. We will continue to prioritize disciplined capital deployment and remain focused on delivering sustainable growth and long-term shareholder value.”

Conference Call

The company will review fiscal 2026 third quarter results during its quarterly conference call on March 25, 2026, at 8:30 a.m. Eastern Time. Details regarding the conference call can be found on the company website at www.WorthingtonEnterprises.com.

About Worthington Enterprises

Worthington Enterprises (NYSE: WOR) is a designer and manufacturer of market-leading brands that improve everyday life by elevating spaces and experiences. The company operates with two primary business segments: Building Products and Consumer Products. The Building Products segment includes heating and cooling, cooking, construction and water solutions, and building systems including HVAC and metal roofing components, architectural and acoustical grid ceilings, and metal framing and accessories. The Consumer Products segment provides solutions for the tools, outdoor living and celebrations categories. Product brands within the Worthington Enterprises portfolio include Balloon Time®, Bernzomatic®, BPD, Coleman® (propane cylinders), CoMet®, Elgen, Garden Weasel®, General®, HALO™, Hawkeye™, LEVEL5 Tools®, Logan Stampings, Mag Torch®, NEXI™, Pactool International®, PowerCore™, Ragasco®, Roof Hugger®, Well-X-Trol® and XLite™, among others.

Headquartered in Columbus, Ohio, Worthington Enterprises and its joint ventures employ approximately 6,000 people throughout North America and Europe.

Founded in 1955 as Worthington Industries, Worthington Enterprises follows a people-first Philosophy with earning money for its shareholders as its first corporate goal. Worthington Enterprises achieves this outcome by empowering its employees to innovate, thrive and grow with leading brands in attractive markets that improve everyday life. The company engages deeply with local communities where it has operations through volunteer efforts and The Worthington Companies Foundation, participates actively in workforce development programs and reports annually on its corporate citizenship and sustainability efforts. For more information, visit worthingtonenterprises.com.

Safe Harbor Statement

Selected statements contained in this release constitute “forward-looking statements,” as that term is used in the Private Securities Litigation Reform Act of 1995 (the “Act”). The company wishes to take advantage of the safe harbor provisions included in the Act. Forward-looking statements reflect the company’s current expectations, estimates or projections concerning future results or events. These statements are often identified by the use of forward-looking words or phrases such as “believe,” “expect,” “anticipate,” “may,” “could,” “should,” “would,” “intend,” “plan,” “will,” “likely,” “estimate,” “project,” “position,” “strategy,” “target,” “aim,” “seek,” “foresee” and similar words or phrases. These forward-looking statements include, without limitation, statements relating to: future or expected cash positions, liquidity and ability to access financial markets and capital; outlook, strategy or business plans; future or expected growth, growth potential, forward momentum, performance, competitive position, sales, volumes, cash flows, earnings, margins, balance sheet strengths, debt, financial condition or other financial measures; pricing trends for raw materials and finished goods and the impact of pricing changes; the ability to improve or maintain margins; expected demand or demand trends for the company or its markets; additions to product lines and opportunities to participate in new markets; expected benefits from transformation and innovation efforts; the ability to improve performance and competitive position at the company’s operations; anticipated working capital needs, capital expenditures and asset sales; anticipated improvements and efficiencies in costs, operations, sales, inventory management, sourcing and the supply chain and the results thereof; projected profitability potential; the ability to make acquisitions and the projected timing, results, benefits, costs, charges and expenditures related to acquisitions, joint ventures, headcount reductions and facility dispositions, shutdowns and consolidations; projected capacity and the alignment of operations with demand; the ability to operate profitably and generate cash in down markets; the ability to capture and maintain market share and to develop or take advantage of future opportunities, customer initiatives, new businesses, new products and new markets; expectations for company and customer inventories, jobs and orders; expectations for the economy and markets or improvements therein; expectations for generating improving and sustainable earnings, earnings potential, margins or shareholder value; effects of judicial rulings; effects of pandemics and widespread health crises and the various responses of governmental and nongovernmental authorities thereto on economies and markets, and on the company’s customers, counterparties, employees and third-party service providers; and other non-historical matters.

Because they are based on beliefs, estimates and assumptions, forward-looking statements are inherently subject to risks and uncertainties that could cause actual results to differ materially from those projected. Any number of factors could affect actual results, including, without limitation, those that follow: the effect of conditions in national and worldwide financial markets, including inflation, increases in interest rates and economic recession, and with respect to the ability of financial institutions to provide capital; the impact of tariffs, the adoption of trade restrictions affecting the company’s products or suppliers, a United States withdrawal from or significant renegotiation of trade agreements, the occurrence of trade wars, the closing of border crossings, and other changes in trade regulations or relationships; changing oil prices and/or supply; product demand and pricing; changes in product mix, product substitution and market acceptance of the company’s products; volatility or fluctuations in the pricing, quality or availability of raw materials (particularly steel), supplies, transportation, utilities, labor and other items required by operations; effects of sourcing and supply chain constraints; the outcome of adverse claims experience with respect to workers’ compensation, product recalls or product liability, casualty events or other matters; effects of facility closures and the consolidation of operations; the effect of financial difficulties, consolidation and other changes within the steel, automotive, construction and other industries in which the company participates; failure to maintain appropriate levels of inventories; financial difficulties (including bankruptcy filings) of original equipment manufacturers, end-users and customers, suppliers, joint venture partners and others with whom the company does business; the ability to realize targeted expense reductions from headcount reductions, facility closures and other cost reduction efforts; the ability to realize cost savings and operational, sales and sourcing improvements and efficiencies, and other expected benefits from transformation initiatives, on a timely basis; the overall success of, and the ability to integrate, newly-acquired businesses and joint ventures, maintain and develop their customers, and achieve synergies and other expected benefits and cost savings therefrom; capacity levels and efficiencies, within facilities, within major product markets and within the industries in which the company participates as a whole; the effect of disruption in the business of suppliers, customers, facilities and shipping operations due to adverse weather, casualty events, equipment breakdowns, labor shortages, interruption in utility services, civil unrest, international conflicts, terrorist activities or other causes; changes in customer demand, inventories, spending patterns, product choices, and supplier choices; risks associated with doing business internationally, including economic, political and social instability, foreign currency exchange rate exposure and the acceptance of the company’s products in global markets; the ability to improve and maintain processes and business practices to keep pace with the economic, competitive and technological environment; the effect of inflation, interest rate increases and economic recession, which may negatively impact the company’s operations and financial results; deviation of actual results from estimates and/or assumptions used by the company in the application of its significant accounting policies; the level of imports and import prices in the company’s markets; the impact of environmental laws and regulations or the actions of the United States Environmental Protection Agency or similar regulators which increase costs or limit the company’s ability to use or sell certain products; the impact of increasing environmental, greenhouse gas emission and sustainability regulations and considerations; the impact of judicial rulings and governmental regulations, both in the United States and abroad, including those adopted by the United States Securities and Exchange Commission and other governmental agencies as contemplated by the Coronavirus Aid, Relief and Economic Security (CARES) Act, the Consolidated Appropriations Act, 2021, the American Rescue Plan Act of 2021, and the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010; the effect of healthcare laws in the United States and potential changes for such laws, which may increase the company’s healthcare and other costs and negatively impact the company’s operations and financial results; the effects of tax laws in the United States and potential changes for such laws, which may increase the company’s costs and negatively impact the company’s operations and financial results; cyber security risks; the effects of privacy and information security laws and standards; and other risks described from time to time in the company’s filings with the United States Securities and Exchange Commission, including those described in “Part I – Item 1A. – Risk Factors” of the company’s Annual Report on Form 10-K for the fiscal year ended May 31, 2025.

Forward-looking statements should be construed in the light of such risks. The company notes these factors for investors as contemplated by the Act. It is impossible to predict or identify all potential risk factors. Consequently, readers should not consider the foregoing list to be a complete set of all potential risks and uncertainties. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date made. The company does not undertake, and hereby disclaims, any obligation to update any forward-looking statements, whether as a result of new information, future developments or otherwise, except as required by applicable law.

 WORTHINGTON ENTERPRISES, INC.
CONSOLIDATED STATEMENTS OF EARNINGS
(In thousands, except per common share amounts)         Three Months Ended  Nine Months Ended   February 28,  February 28,   2026  2025  2026  2025 Net sales $378,677  $304,524  $1,009,836  $835,878 Cost of goods sold  269,203   215,277   733,449   610,077 Gross profit  109,474   89,247   276,387   225,801 Selling, general and administrative expense  75,745   63,005   217,031   196,959 Restructuring and other expense, net  2,186   5,374   6,306   9,152 Operating income  31,543   20,868   53,050   19,690 Other income (expense):            Miscellaneous income (expense), net  (316)  258   (4,602)  809 Interest expense, net  (1,828)  (628)  (3,363)  (2,150)Equity in net income of unconsolidated affiliates  30,715   32,081   96,490   102,129 Earnings before income taxes  60,114   52,579   141,575   120,478 Income tax expense  14,994   13,240   34,605   29,122 Net earnings  45,120   39,339   106,970   91,356 Net loss attributable to noncontrolling interest  (343)  (324)  (969)  (820)Net earnings attributable to controlling interest $45,463  $39,663  $107,939  $92,176              Basic            Weighted average common shares outstanding  49,073   49,377   49,167   49,443 Earnings per share attributable to controlling interest $0.93  $0.80  $2.20  $1.86              Diluted            Weighted average common shares outstanding  49,665   49,981   49,822   50,171 Earnings per share attributable to controlling interest $0.92  $0.79  $2.17  $1.84              Cash dividends declared per common share $0.19  $0.17  $0.57  $0.51                    CONSOLIDATED BALANCE SHEETS
WORTHINGTON ENTERPRISES, INC.
(In thousands)         February 28,  May 31,   2026  2025 Assets      Current assets:      Cash and cash equivalents $5,979  $250,075 Receivables, less allowances of $1,062 and $907, respectively  231,878   215,824 Inventories      Raw materials  104,684   80,522 Work in process  8,087   9,408 Finished products  84,817   79,463 Total inventories  197,588   169,393 Income taxes receivable  25,374   12,720 Prepaid expenses and other current assets  43,044   37,358 Total current assets  503,863   685,370 Investments in unconsolidated affiliates  118,678   129,262 Operating lease assets  44,703   22,699 Goodwill  499,492   376,480 Other intangible assets, net of accumulated amortization of $101,791 and $88,887, respectively  327,353   190,398 Other assets  24,900   20,717 Property, plant and equipment:      Land  8,746   8,703 Buildings and improvements  136,279   132,742 Machinery and equipment  409,609   372,798 Construction in progress  57,206   33,326 Total property, plant and equipment  611,840   547,569 Less: accumulated depreciation  307,291   277,343 Total property, plant and equipment, net  304,549   270,226 Total assets $1,823,538  $1,695,152        Liabilities and equity      Current liabilities:      Accounts payable $107,386  $103,205 Short-term borrowings  4,792   - Accrued compensation, contributions to employee benefit plans and related taxes  43,062   43,864 Dividends payable  9,833   9,172 Other accrued items  39,659   34,478 Current operating lease liabilities  7,950   6,014 Income taxes payable  554   109 Total current liabilities  213,236   196,842 Other liabilities  58,462   53,364 Distributions in excess of investment in unconsolidated affiliate  109,592   103,767 Long-term debt  307,256   302,868 Noncurrent operating lease liabilities  37,681   17,173 Deferred income taxes, net  94,751   82,901 Total liabilities  820,978   756,915 Shareholders' equity - controlling interest  1,002,479   937,187 Noncontrolling interest  81   1,050 Total equity  1,002,560   938,237 Total liabilities and equity $1,823,538  $1,695,152            WORTHINGTON ENTERPRISES, INC.
CONSOLIDATED STATEMENTS OF CASH FLOWS
(In thousands)         Three Months Ended  Nine Months Ended   February 28,  February 28,   2026  2025  2026  2025 Operating activities:            Net earnings $45,120  $39,339  $106,970  $91,356 Adjustments to reconcile net earnings to net cash provided by operating activities:            Depreciation and amortization  14,552   11,950   41,402   35,707 Provision for (benefit from) deferred income taxes  4,294   (8,016)  7,812   (10,871)Bad debt (income) expense  (97)  1,128   112   3,189 Equity in net income of unconsolidated affiliates, net of distributions  4,064   3,089   8,991   10,810 Net (gain) loss on sale of assets  (17)  (21)  2,995   (547)Stock-based compensation  3,752   2,924   10,504   12,787 Unrealized loss on investment in marketable securities  340   -   1,584   - Changes in assets and liabilities, net of impact of acquisitions:            Receivables  (16,973)  (18,553)  3,870   (9,023)Inventories  10,998   14,128   (1,699)  15,558 Accounts payable  6,612   46   (3,365)  (12,600)Accrued compensation and employee benefits  13,658   8,838   (820)  (4,628)Other operating items, net  (24,365)  2,279   (23,838)  15,592 Net cash provided by operating activities  61,938   57,131   154,518   147,330              Investing activities:            Investment in property, plant and equipment  (13,794)  (12,704)  (39,421)  (37,494)Acquisitions, net of cash acquired  (212,191)  -   (304,426)  (88,156)Proceeds from sale of assets, net of selling costs  18   59   18   13,444 Investment in non-marketable equity securities, net of distributions  (58)  (833)  (113)  (2,873)Net cash used by investing activities  (226,025)  (13,478)  (343,942)  (115,079)             Financing activities:            Dividends paid  (9,341)  (8,422)  (27,540)  (25,507)Repurchase of common shares  (5,374)  (6,170)  (25,328)  (21,052)Net proceeds from short-term borrowings  4,792   -   4,792   - Principal payments on long-term obligations  (284)  -   (760)  - Proceeds from issuance of common shares, net of tax withholdings  (15)  (22)  (5,836)  (7,073)Net cash used by financing activities  (10,222)  (14,614)  (54,672)  (53,632)(Decrease) increase in cash and cash equivalents  (174,309)  29,039   (244,096)  (21,381)Cash and cash equivalents at beginning of period  180,288   193,805   250,075   244,225 Cash and cash equivalents at end of period $5,979  $222,844  $5,979  $222,844                    WORTHINGTON ENTERPRISES, INC.
SEGMENT INFORMATION
(Dollars in thousands)
         Three Months Ended  Nine Months Ended   February 28,  February 28,   2026  2025  2026  2025 Net sales            Building Products $223,850  $164,810  $616,147  $461,821 Consumer Products  154,827   139,714   393,689   374,057 Consolidated $378,677  $304,524  $1,009,836  $835,878              Adjusted EBITDA            Building Products $58,825  $53,187  $171,766  $141,578 Consumer Products  35,452   28,625   66,887   61,884 Total reportable segments  94,277   81,812   238,653   203,462 Other(1)  (2,107)  (2,417)  (5,080)  (3,309)Unallocated Corporate  (7,555)  (5,616)  (21,269)  (20,247)Consolidated $84,615  $73,779  $212,304  $179,906              Adjusted EBITDA margin            Building Products  26.3%  32.3%  27.9%  30.7%Consumer Products  22.9%  20.5%  17.0%  16.5%Consolidated  22.3%  24.2%  21.0%  21.5%             Equity income by unconsolidated affiliate            WAVE(2) $27,096  $25,012  $85,778  $77,478 ClarkDietrich(2)  5,726   9,486   15,792   27,960 Other(1)  (2,107)  (2,417)  (5,080)  (3,309)Consolidated $30,715  $32,081  $96,490  $102,129  _________________________
(1)   Other includes the equity earnings of Taxi Workhorse, LLC and the SES joint venture.
(2)   Equity income contributed by WAVE and ClarkDietrich is included in Building Products segment results.

 WORTHINGTON ENTERPRISES, INC.
GAAP / NON-GAAP RECONCILIATIONS
(Dollars in thousands, except per share amounts)  For more information regarding the non-GAAP financial measures, including details of the definition update made in the third quarter of fiscal 2026, refer to the “Use of Non-GAAP Financial Measures and Definitions” section of this release.

Consolidated Results – Adjusted Earnings per Share – Diluted

 Three Months Ended February 28, 2026     Earnings              Before  Income        Operating  Income  Tax  Net  Diluted  Income  Taxes  Expense  Earnings(1)  EPS(1) GAAP$31,543  $60,114  $14,994  $45,463  $0.92 Amortization of inventory step-up(2) 1,500   1,500   (367)  1,133   0.02 Restructuring and other expense, net 2,186   2,186   (512)  1,674   0.03 Unrealized loss on investment in marketable securities(4) -   340   (84)  256   0.01 Non-GAAP$35,229  $64,140  $15,957  $48,526  $0.98   Three Months Ended February 28, 2025     Earnings              Before  Income        Operating  Income  Tax  Net  Diluted  Income  Taxes  Expense  Earnings(1)  EPS(1) GAAP$20,868  $52,579  $13,240  $39,663  $0.79 Restructuring and other expense, net 5,374   5,374   295   5,669   0.12 Non-GAAP$26,242  $57,953  $12,945  $45,332  $0.91   Nine Months Ended February 28, 2026     Earnings              Before  Income        Operating  Income  Tax  Net  Diluted  Income  Taxes  Expense  Earnings(1)  EPS(1) GAAP$53,050  $141,575  $34,605  $107,939  $2.17 Amortization of inventory step-up(2) 3,651   3,651   (888)  2,763   0.06 Restructuring and other expense, net 6,306   6,306   (1,292)  5,014   0.11 Loss on partial sale of investment in SES(3) -   2,950   -   2,950   0.06 Unrealized loss on investment in marketable securities(4) -   1,584   (385)  1,199   0.01 Non-GAAP$63,007  $156,066  $37,170  $119,865  $2.41   Nine Months Ended February 28, 2025     Earnings              Before  Income        Operating  Income  Tax  Net  Diluted  Income  Taxes  Expense  Earnings(1)  EPS(1) GAAP$19,690  $120,478  $29,122  $92,176  $1.84 Amortization of inventory step-up 1,477   1,477   (369)  1,108   0.02 Restructuring and other expense, net 9,152   9,152   (632)  8,520   0.17 Non-GAAP$30,319  $131,107  $30,123  $101,804  $2.03                      Consolidated Results – Adjusted EBITDA

  Three Months Ended  Nine Months Ended   February 28,  February 28,   2026  2025  2026  2025 Net earnings (GAAP) $45,120  $39,339  $106,970  $91,356 Plus: Net loss attributable to noncontrolling interest  343   324   969   820 Net earnings attributable to controlling interest  45,463   39,663   107,939   92,176 Interest expense, net  1,828   628   3,363   2,150 Income tax expense  14,994   13,240   34,605   29,122 EBIT(5)  62,285   53,531   145,907   123,448 Amortization of inventory step-up(2)  1,500   -   3,651   1,477 Restructuring and other expense, net  2,186   5,374   6,306   9,152 Loss on partial sale of investment in SES(3)  -   -   2,950   - Unrealized loss on investment in marketable securities(4)  340   -   1,584   - Adjusted EBIT(5)  66,311   58,905   160,398   134,077 Depreciation and amortization  14,552   11,950   41,402   35,707 Stock-based compensation(6)  3,752   2,924   10,504   10,122 Adjusted EBITDA (non-GAAP) $84,615  $73,779  $212,304  $179,906              Net earnings margin (GAAP)  11.9%  12.9%  10.6%  10.9%Adjusted EBITDA margin (non-GAAP)  22.3%  24.2%  21.0%  21.5% _________________________
(1)   Excludes the impact of noncontrolling interest.
(2)   Reflects the amortization of the step-up to fair market value of acquired inventory related to the LSI and Elgen acquisitions in fiscal 2026 and the Ragasco acquisition in fiscal 2025. The company updated the definition of its non-GAAP financial measures to exclude inventory step-up charges in the third quarter of fiscal 2026. All previously reported amounts have been recast to conform to this change. Additional information is available in the “Use of Non-GAAP Financial Measures and Definitions” section at the end of the release.
(3)   Reflects the loss incurred in connection with divestment of the company’s 49% interest in the composite assets of its SES joint venture on October 14, 2025. In exchange for the company’s interest in the divested assets, it received common shares in both Hexagon Composites and Hexagon Purus.
(4)   Reflects the unrealized loss associated with the marketable securities noted in footnote (3) above.
(5)   EBIT and adjusted EBIT are non-GAAP financial measures. However, these measures are not used by management to evaluate the company's performance, engage in financial and operational planning, or to determine incentive compensation. Instead, they are included as subtotals in the reconciliation of net earnings to adjusted EBITDA, which is a non-GAAP financial measure used by management.
(6)   Excludes $2.7 million of stock-based compensation reported in restructuring and other expense, net in the company’s consolidated statement of earnings for the nine months ended February 28, 2025 related to the accelerated vesting of certain outstanding equity awards upon retirement of a key employee.

Consolidated Results - Free Cash Flow

The following tables provide a reconciliation of net cash provided by operating activities to free cash flow and the calculation of operating cash flow conversion to free cash flow conversion for the three and nine months ended February 28, 2026 and 2025.

  Three Months Ended  Nine Months Ended   February 28,  February 28,   2026  2025  2026  2025 Net cash provided by operating activities (GAAP) $61,938  $57,131  $154,518  $147,330 Investment in property, plant, and equipment  (13,794)  (12,704)  (39,421)  (37,494)Free cash flow (non-GAAP) $48,144  $44,427  $115,097  $109,836              Net earnings attributable to controlling interest (GAAP) $45,463  $39,663  $107,939  $92,176 Adjusted net earnings attributable to controlling interest (non-GAAP) $48,526  $45,332  $119,865  $101,804              Operating cash flow conversion (GAAP)(1)  136%  144%  143%  160%Free cash flow conversion (non-GAAP)  99%  98%  96%  108% _________________________
(1)   Operating cash flow conversion is defined as net cash provided by operating activities divided by net earnings attributable to controlling interest.

 WORTHINGTON ENTERPRISES, INC.
USE OF NON-GAAP FINANCIAL MEASURES AND DEFINITIONS  NON-GAAP FINANCIAL MEASURES. These materials include certain financial measures that are not calculated and presented in accordance with accounting principles generally accepted in the United States (“GAAP”). Non-GAAP financial measures typically exclude items that management believes are not reflective of, and thus should not be included when evaluating the performance of the company’s ongoing operations. Management uses these non-GAAP financial measures to evaluate ongoing performance, engage in financial and operational planning, and determine incentive compensation. Management believes these non-GAAP financial measures provide useful supplemental information regarding the performance of the company’s ongoing operations and should not be considered as an alternative to the comparable GAAP financial measure. Additionally, management believes these non-GAAP financial measures allow for meaningful comparisons and analysis of trends in the company’s businesses and enables investors to evaluate operations and future prospects in the same manner as management.

Beginning in the third quarter of fiscal 2026, the company updated its definition of adjusted operating income, adjusted net earnings, adjusted EBITDA, and adjusted EPS – diluted to exclude the acquisition-related amortization of inventory step-up charges. Prior periods have been recast for comparability.

The following provides an explanation of each non-GAAP financial measure presented in these materials:

Adjusted operating income (loss) is defined as operating income (loss) excluding the items listed below, to the extent naturally included in operating income (loss).

Adjusted net earnings is defined as net earnings attributable to controlling interest excluding the after-tax effect of the excluded items outlined below.

Adjusted EPS – diluted is defined as adjusted net earnings divided by diluted weighted-average common shares outstanding for the applicable period.

Adjusted EBITDA is the measure by which management evaluates segment performance and overall profitability. EBITDA is defined as earnings before interest, taxes, depreciation, and amortization. Adjusted EBITDA excludes additional items including, but not limited to, those listed below, as well as other items that management believes are not reflective of, and thus should not be included when evaluating the performance of ongoing operations. Adjusted EBITDA also excludes stock-based compensation due to its non-cash nature, which is consistent with how management assesses operating performance and determines incentive compensation. At the segment level, adjusted EBITDA includes expense allocations for centralized corporate back-office functions that exist to support the day-to-day business operations. Public company and other governance costs are held at the corporate level within the unallocated corporate and other category.

Adjusted EBITDA margin is calculated by dividing adjusted EBITDA by net sales.

Free cash flow is a non-GAAP financial liquidity measure that is used by the company to assess its ability to generate cash beyond what is required for its business operations and capital expenditures. The company defines free cash flow as net cash flows from operating activities less investment in property, plant, and equipment.

Free cash flow conversion is a non-GAAP financial measure that is used by the company to measure how much of its adjusted net earnings attributable to controlling interest is converted into cash. The company defines free cash flow conversion as free cash flow divided by adjusted net earnings.

EXCLUSIONS FROM NON-GAAP FINANCIAL MEASURES

Management believes it is useful to exclude the following items from its non-GAAP financial measures for its own and investors’ assessment of the business for the reasons identified below. Additionally, management may exclude other items from non-GAAP financial measures that do not occur in the ordinary course of the company’s ongoing business operations and note them in the reconciliation from net earnings to the non-GAAP financial measure adjusted EBITDA.

Amortization of inventory step-up represents the increase in inventory fair value associated with the company’s acquisitions. The increase in inventory fair value is amortized to cost of sales over the period that the related inventory is sold. The amortization of inventory step-up is excluded because it is a non-cash expense that is not indicative of ongoing operating results.Impairment charges are excluded because they do not occur in the ordinary course of the company’s ongoing business operations, are inherently unpredictable in timing and amount, and are non-cash, which management believes facilitates the comparison of historical, current and forecasted financial results.Restructuring activities consist of established programs that are intended to fundamentally change the company’s operations, and as such are excluded from its non-GAAP financial measures. The company’s restructuring programs may include closing or consolidating production facilities or moving manufacturing of a product to another location, realignment of the management structure of a business unit in response to changing market conditions or general rationalization of headcount. The company’s restructuring activities generally give rise to employee-related costs, such as severance pay, and facility-related costs, such as exit costs and gains or losses on asset disposals but may include other incremental costs associated with the company’s restructuring activities. Restructuring and other expense, net, may also include other nonrecurring items included in operating income but incremental to the company’s normal business activities. These items are excluded because they are not indicative of the ongoing operations of the company’s underlying business.Loss on partial sale of investment in SES, which resulted from the divestiture of the company’s 49% interest in the Composites business of SES, is excluded because it did not occur in the normal course of business and is inherently predictable in timing and amount.Unrealized losses on marketable equity securities represents the net impact of unrealized losses resulting from mark-to-market adjustments on the company’s marketable equity securities. The company excludes this activity because it is not reflective of on-going operating activity and does not provide a meaningful evaluation of operating performance. UPDATE TO NON-GAAP DEFINITIONS - ADJUSTMENTS FOR AMORTIZATION OF INVENTORY STEP-UP

Beginning in the third quarter of fiscal 2026, the company updated its definitions of adjusted operating income, adjusted net earnings, adjusted EBITDA, and adjusted EPS – diluted to exclude the acquisition-related amortization of inventory step-up charges.

The following tables reflect updates made to the company’s non-GAAP financial measures previously disclosed for fiscal 2024, fiscal 2025 and the first two quarters of fiscal 2026 as a result of the company’s change to exclude the impact of the amortization of inventory step-ups. All dollar amounts are presented in thousands except per share amounts and are on a continuing operations basis.

Fiscal 2024

              Fiscal Adjusted operating income Q1  Q2  Q3  Q4  2024 As reported $4,758  $2,366  $7,978  $5,789  $20,891 Impact of adjustment  -   -   50   -   50 Updated $4,758  $2,366  $8,028  $5,789  $20,941                Fiscal Adjusted net earnings Q1  Q2  Q3  Q4  2024 As reported $37,250  $28,514  $40,190  $37,508  $143,462 Impact of adjustment  -   -   38   -   38 Updated $37,250  $28,514  $40,228  $37,508  $143,500                Fiscal Adjusted EBITDA Q1  Q2  Q3  Q4  2024 As reported $65,915  $55,044  $66,872  $63,168  $250,999 Impact of adjustment  -   -   50   -   50 Updated $65,915  $55,044  $66,922  $63,168  $251,049                       Due to the insignificant magnitude of the amortization of inventory step-up charges in fiscal 2024, there was no change to the reported adjusted EPS – diluted amount.

Fiscal 2025

              Fiscal Adjusted operating income (loss) Q1  Q2  Q3  Q4  2025 As reported $(3,541) $6,141  $26,242  $21,780  $50,622 Impact of adjustment  1,477   -   -   -   1,477 Updated $(2,064) $6,141  $26,242  $21,780  $52,099                Fiscal Adjusted net earnings Q1  Q2  Q3  Q4  2025 As reported $25,121  $30,242  $45,333  $53,097  $153,793 Impact of adjustment  1,108   -   -   19   1,127 Updated $26,229  $30,242  $45,333  $53,116  $154,920                Fiscal Adjusted EBITDA Q1  Q2  Q3  Q4  2025 As reported $48,437  $56,213  $73,779  $85,060  $263,489 Impact of adjustment  1,477   -   -   -   1,477 Updated $49,914  $56,213  $73,779  $85,060  $264,966                Fiscal Adjusted EPS − Diluted Q1  Q2  Q3  Q4  2025 As reported $0.50  $0.60  $0.91  $1.06  $3.07 Impact of adjustment  0.02   -   -   -   0.02 Updated $0.52  $0.60  $0.91  $1.06  $3.09                       Fiscal 2026

              YTD Adjusted operating income Q1  Q2  Q3  Q4  Fiscal 2026 As reported $11,719  $13,908  $35,229  N/A  $60,856 Impact of adjustment  2,151   -  N/A  N/A   2,151 Updated $13,870  $13,908  $35,229  N/A  $63,007                YTD Adjusted net earnings Q1  Q2  Q3  Q4  Fiscal 2026 As reported $37,247  $32,460  $48,526  N/A  $118,233 Impact of adjustment  1,638   (6) N/A  N/A   1,632 Updated $38,885  $32,454  $48,526  N/A  $119,865                YTD Adjusted EBITDA Q1  Q2  Q3  Q4  Fiscal 2026 As reported $65,060  $60,478  $84,615  N/A  $210,153 Impact of adjustment  2,151   -  N/A  N/A   2,151 Updated $67,211  $60,478  $84,615  N/A  $212,304                YTD Adjusted EPS − Diluted Q1  Q2  Q3  Q4  Fiscal 2026 As reported $0.74  $0.65  $0.98  N/A  $2.37 Impact of adjustment  0.04   -  N/A  N/A   0.04 Updated $0.78  $0.65  $0.98  N/A  $2.41 

Worthington Enterprises, Inc. (WOR) Q3 2026 Earnings Call Transcript

Worthington Enterprises (WOR - Free Report) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.

A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.

Since a changing earnings picture is a powerful factor influencing near-term stock price movements, the Zacks rating system is very useful for individual investors. They may find it difficult to make decisions based on rating upgrades by Wall Street analysts, as these are mostly driven by subjective factors that are hard to see and measure in real time.

Therefore, the Zacks rating upgrade for Worthington Enterprises basically reflects positivity about its earnings outlook that could translate into buying pressure and an increase in its stock price.

Most Powerful Force Impacting Stock PricesThe change in a company's future earnings potential, as reflected in earnings estimate revisions, has proven to be strongly correlated with the near-term price movement of its stock. That's partly because of the influence of institutional investors that use earnings and earnings estimates for calculating the fair value of a company's shares. An increase or decrease in earnings estimates in their valuation models simply results in higher or lower fair value for a stock, and institutional investors typically buy or sell it. Their bulk investment action then leads to price movement for the stock.

Fundamentally speaking, rising earnings estimates and the consequent rating upgrade for Worthington Enterprises imply an improvement in the company's underlying business. Investors should show their appreciation for this improving business trend by pushing the stock higher.

Harnessing the Power of Earnings Estimate RevisionsEmpirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, so it could be truly rewarding if such revisions are tracked for making an investment decision. Here is where the tried-and-tested Zacks Rank stock-rating system plays an important role, as it effectively harnesses the power of earnings estimate revisions.

The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here >>>> .

Earnings Estimate Revisions for Worthington EnterprisesFor the fiscal year ending May 2026, this metal manufacturer is expected to earn $3.46 per share, which is unchanged compared with the year-ago reported number.

Analysts have been steadily raising their estimates for Worthington Enterprises. Over the past three months, the Zacks Consensus Estimate for the company has increased 1%.

Bottom LineUnlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of "buy" and "sell" ratings for its entire universe of more than 4,000 stocks at any point in time. Irrespective of market conditions, only the top 5% of the Zacks-covered stocks get a "Strong Buy" rating and the next 15% get a "Buy" rating. So, the placement of a stock in the top 20% of the Zacks-covered stocks indicates its superior earnings estimate revision feature, making it a solid candidate for producing market-beating returns in the near term.

You can learn more about the Zacks Rank here >>>

The upgrade of Worthington Enterprises to a Zacks Rank #2 positions it in the top 20% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term.

On April 29, 2026, Worthington Enterprises Inc (WOR) shares fell 3.3% today, bringing the current price to $53.84. Over the past year, the stock has seen a 52-w

COLUMBUS, Ohio, May 19, 2026 (GLOBE NEWSWIRE) -- Worthington Enterprises (NYSE: WOR), a designer and manufacturer of market-leading brands that improve everyday life by elevating spaces and experiences, has earned recognition from Newsweek as one of America’s Most Patriotic Companies. The honor is based on research conducted by Plant-A Insights Group. Worthington Enterprises is one of 20 companies headquartered in Ohio and 450 nationwide to earn this distinction, which recognizes organizations that embody American values and contribute meaningfully to their communities and country.

“During a year when we are celebrating America’s 250th birthday, this recognition is especially meaningful for a business founded more than 70 years ago by World War II veteran John H. McConnell,” said Joe Hayek, president and CEO, Worthington Enterprises. “This company was built on a Golden Rule-based Philosophy that continues to guide how we treat one another and serve our customers. We’re a proud example of the opportunities this country provides—the ability to, over more than 70 years, build, grow and create through a free enterprise system. Today, our teams carry that legacy forward, creating opportunities for thousands of people and delivering products that improve everyday life in the United States and around the world.”

Worthington Enterprises manufactures most of the products in its portfolio in the United States, supporting essential everyday applications from cooking, heating and cooling to water, foam insulation, sealants and adhesives, as well as construction, framing and roofing. The company’s suite of market-leading brands serves a wide range of users — from campers and contractors to DIYers and gardeners — all working to make the ordinary extraordinary.

As an employer of nearly 3,000 people across 14 U.S. locations, Worthington Enterprises invests in development programs for its employees and the future workforce, including military veterans. The company participates in the U.S. Army Partnership for Your Success (PaYS) program and the U.S. Department of Defense SkillBridge program. Worthington Enterprises is an 11-time recipient of the Military-Friendly Employer designation, reflecting its commitment to recruiting, developing and supporting veteran talent during the transition to civilian careers.

Jennifer H. Cunningham, editor-in-chief, Newsweek, said, “For many consumers, what matters most aren’t just the products or services a company provides—but the principles it stands for. Whether it’s supporting veterans, funding education or championing “Made in the USA,” a company that embodies patriotism taps into a shared sense of identity that can deeply influence how it’s perceived. Newsweek is proud to partner with Plant-A Insights Group to recognize organizations that wear their American values proudly and contribute meaningfully to their communities and country.”

About the Report
America’s Most Patriotic Companies 2026 recognizes the nation’s most patriotic companies based on a comprehensive research study that includes a large-scale national survey, in-depth desk research and media monitoring. An initial review of more than 10,000 U.S.-based firms was conducted to identify companies that support military personnel and veterans through formal employer programs, discounts, and other tangible benefits. Of these, an estimated 2,500 companies were selected for an evaluation in a nationwide survey. More than 22,000 Americans participated in a large-scale national survey through multiple online access panels between September 2025 – October 2025. Participants were asked to indicate their own level of patriotism based on a non-partisan definition centered on their love, support of, and commitment to the core ideals and values of the United States. They then rated companies based on their commitment to acting ethically and the degree to which the companies represented the values of the United States of America. Finally, respondents evaluated the companies on how patriotic they perceived them to be. Survey participants who identified themselves as active or former members of the military, police, or fire department was given additional consideration, with their responses weighted more heavily in the final scoring model. In addition, in-depth desk research measured company support for U.S. communities affected by seven recent natural disasters, using data from the US Chamber of Commerce Corporate Aid Tracker and company press announcements. An overall score was calculated for each company based on the scoring model and the 450 highest-scoring companies are recognized by Newsweek and Plant-A as America’s Most Patriotic Companies 2026.

About Worthington Enterprises
Worthington Enterprises Inc. (NYSE: WOR) is a designer and manufacturer of market-leading brands that improve everyday life by elevating spaces and experiences. The company operates with two primary business segments: Building Products and Consumer Products. The Building Products segment includes heating and cooling, cooking, construction and water solutions, and building systems including HVAC and metal roofing components, architectural and acoustical grid ceilings, and metal framing and accessories. The Consumer Products segment provides solutions for the tools, outdoor living and celebrations categories. Product brands within the Worthington Enterprises portfolio include Balloon Time®, Bernzomatic®, BPD, Coleman® (propane cylinders), CoMet®, Elgen, Garden Weasel®, General®, HALO™, Hawkeye™, LEVEL5 Tools®, Logan Stampings, Mag Torch®, NEXI™, Pactool International®, PowerCore™, Ragasco®, Roof Hugger®, Well-X-Trol® and XLite™, among others.

Headquartered in Columbus, Ohio, Worthington Enterprises employs approximately 4,000 people throughout North America and Europe.

Founded in 1955 as Worthington Industries, Worthington Enterprises follows a people-first Philosophy with earning money for its shareholders as its first corporate goal. Worthington Enterprises achieves this outcome by empowering its employees to innovate, thrive and grow with leading brands in attractive markets that improve everyday life. The company engages deeply with local communities where it has operations through volunteer efforts and The Worthington Companies Foundation, participates actively in workforce development programs and reports annually on its corporate citizenship and sustainability efforts. For more information, visit worthingtonenterprises.com.

Forward-Looking Statements
Statements by Worthington Enterprises that are not limited to historical information constitute “forward-looking statements” under federal securities laws. Forward-looking statements are subject to various risks, uncertainties and other factors that may cause actual results to differ materially from those expected by Worthington Enterprises. Readers should evaluate forward-looking statements in the context of such risks, uncertainties and other factors, many of which are described in Worthington Enterprises’ filings with the Securities and Exchange Commission (“SEC”). Forward-looking statements are qualified by the cautionary statements included in Worthington Enterprises’ SEC filings and other public communications. This press release speaks only as of the date hereof. Worthington Enterprises does not undertake any obligation to update or revise its forward-looking statements except as required by applicable law or regulation.

Sonya L. Higginbotham
Senior Vice President
Chief of Corporate Affairs, Communications and Sustainability
614.438.7391
[email protected]

Marcus A. Rogier
Treasurer and Investor Relations Officer
614.840.4663
[email protected]

200 Old Wilson Bridge Rd.
Columbus, Ohio 43085
WorthingtonEnterprises.com

COLUMBUS, Ohio, June 09, 2026 (GLOBE NEWSWIRE) -- Worthington Enterprises Inc. (NYSE: WOR) will hold its quarterly earnings conference call Wednesday, June 24 at 8:30 a.m. ET. The company will discuss its fiscal fourth quarter results, which will be released after the market closes Tuesday, June 23.

Please click here to register for the June 24 live audio webcast or visit IR.worthingtonenterprises.com. For those unable to listen live, a replay will be available in the Investors section of the company’s website approximately two hours after the completion of the call and will be archived for one year.

  LIVE CONFERENCE CALL DETAILS
Date: Wednesday, June 24, 2026Webcast Link:https://events.q4inc.com/attendee/686020142Starting Time: 8:30 a.m. ETDomestic Participants:833-461-5787Conference ID:686020142  
About Worthington Enterprises
Worthington Enterprises (NYSE: WOR) is a designer and manufacturer of market-leading brands that improve everyday life by elevating spaces and experiences. The company operates with two primary business segments: Building Products and Consumer Products. The Building Products segment includes heating and cooling, cooking, construction and water solutions, and building systems including HVAC and metal roofing components, architectural and acoustical grid ceilings, and metal framing and accessories. The Consumer Products segment provides solutions for the tools, outdoor living and celebrations categories. Product brands within the Worthington Enterprises portfolio include Balloon Time®, Bernzomatic®, BPD, Coleman® (propane cylinders), CoMet®, Elgen, Garden Weasel®, General®, HALO™, Hawkeye™, LEVEL5 Tools®, Logan Stampings, Mag Torch®, NEXI™, Pactool International®, PowerCore™, Ragasco®, Roof Hugger®, Well-X-Trol® and XLite™, among others.

Headquartered in Columbus, Ohio, Worthington Enterprises employs approximately 4,000 people throughout North America and Europe.

Founded in 1955 as Worthington Industries, Worthington Enterprises follows a people-first Philosophy with earning money for its shareholders as its first corporate goal. Worthington Enterprises achieves this outcome by empowering its employees to innovate, thrive and grow with leading brands in attractive markets that improve everyday life. The company engages deeply with local communities where it has operations through volunteer efforts and The Worthington Companies Foundation, participates actively in workforce development programs and reports annually on its corporate citizenship and sustainability efforts. For more information, visit worthingtonenterprises.com.

Forward-Looking Statements
Statements by Worthington Enterprises that are not limited to historical information constitute “forward-looking statements” under federal securities laws. Forward-looking statements are subject to various risks, uncertainties and other factors that may cause actual results to differ materially from those expected by Worthington Enterprises. Readers should evaluate forward-looking statements in the context of such risks, uncertainties and other factors, many of which are described in Worthington Enterprises’ filings with the Securities and Exchange Commission (“SEC”). Forward-looking statements are qualified by the cautionary statements included in Worthington Enterprises’ SEC filings and other public communications. This press release speaks only as of the date hereof. Worthington Enterprises does not undertake any obligation to update or revise its forward-looking statements except as required by applicable law or regulation.

Sonya L. Higginbotham
Senior Vice President
Chief of Corporate Affairs, Communications and Sustainability
614.438.7391
[email protected]

Marcus A. Rogier
Treasurer and Investor Relations Officer
614.840.4663
[email protected]

200 Old Wilson Bridge Rd.
Columbus, Ohio 43085
WorthingtonEnterprises.com

Key Takeaways H beat Q1 estimates, with adjusted EPS of 63 cents and revenues of $1.748B; shares up nearly 1% premarket.Gross fees climbed 8.6% to $333M as managed/franchised growth and Playa Hotels acquisition boosted results.H guides 2026 RevPAR up 2-4%; distribution EBITDA to fall ~$25M as Mexico demand dips on security concerns. Hyatt Hotels Corporation (H - Free Report) reported first-quarter 2026 results, wherein both earnings and revenues surpassed the Zacks Consensus Estimate. Following the results, the company’s shares are up nearly 1% in the pre-market trading session today.

The company reported first-quarter 2026 adjusted earnings of 63 cents per share, up 37% from 46 cents a year ago. The metric beat the Zacks Consensus Estimate of 57 cents per share by 10.5%. Total revenues rose 1.7% year over year to $1,748 million and topped the consensus mark of $1,712 million by 2.1%.

Hyatt’s operating backdrop stayed constructive, with comparable system-wide hotels RevPAR increasing 5.4% and comparable system-wide all-inclusive resorts Net Package RevPAR rising 7.4% from the year-ago quarter.

H Leans on Fee Momentum as Travel Mix ImprovesHyatt’s first-quarter performance again highlighted its fee-driven model. Gross fees increased 8.6% year over year to $333 million, supported by continued strength in Hyatt’s managed and franchised base and contributions from newer hotels.

Base management fees rose 10.9% on stronger performance outside the United States, solid U.S. resort trends and fees associated with the Playa Hotels acquisition. Incentive management fees advanced 13.8%, driven by the Playa Hotels acquisition, newly opened hotels and strength in Asia Pacific, partly offset by lower fees in the Middle East and Mexico. Franchise and other fees increased 3.1%, helped by non-RevPAR fee contributions and select-service gains in the United States.

Hyatt’s Revenue Mix Highlights Reimbursed CostsThe quarter’s revenue composition continued to reflect Hyatt’s role as manager and operator across a global portfolio. Revenues for reimbursed costs were $945 million, while reimbursed costs were $963 million, underscoring the pass-through nature of a sizable portion of reported revenues and expenses.

Outside reimbursed costs, Hyatt generated net fees of $310 million and recorded contra revenues of $23 million. Owned and leased revenues were $219 million, while distribution revenues were $274 million.

H’s EBITDA Bridge Shows Impact of Special ItemsAdjusted EBITDA increased to $266 million from $261 million in the first quarter of 2025. By segment, management and franchising adjusted EBITDA rose to $264 million from $236 million, while distribution adjusted EBITDA declined to $29 million from $49 million and owned and leased adjusted EBITDA moved to $10 million from $15 million. Overhead was $37 million compared with $40 million a year ago.

On the bottom line, net income attributable to Hyatt Hotels Corporation was $38 million compared with $20 million a year ago, translating to diluted earnings of 40 cents per share compared with 19 cents. Adjusted net income was $61 million compared with $46 million in the prior-year quarter, reflecting total special items of $23 million after tax.

Hyatt Steps Up Buybacks, Maintains Strong LiquidityHyatt ended the quarter with total liquidity of $2.2 billion, including $671 million of cash, cash equivalents and short-term investments and $1,497 million of borrowing capacity under its revolving credit facility, net of letters of credit outstanding. Total debt was $4.3 billion.

Capital returns remained active. Hyatt repurchased 840,249 shares of Class A common stock for $135 million, bringing total capital returned to its shareholders, including dividends, to $149 million in the quarter. The board also declared a cash dividend of 15 cents per share for the second quarter of 2026, payable June 11, 2026, to its shareholders of record as of May 29.

H Sets 2026 Targets as Distribution Faces HeadwindsFor full-year 2026, Hyatt expects comparable system-wide hotels RevPAR growth of 2% to 4% and net rooms increase of 6% to 7%. Net income attributable to Hyatt Hotels Corporation is projected between $255 million and $350 million, with gross fees expected at $1,305-$1,335 million and adjusted EBITDA forecast at $1,155-$1,205 million.

Management said the RevPAR outlook reflects improving trends in the United States, with U.S. RevPAR expected to grow 2% to 3% for the year, while assuming moderately higher growth internationally than in the United States. Hyatt also expects the distribution segment adjusted EBITDA to decline about $25 million in 2026 compared with 2025, caused by lower demand in Mexico in the first and second quarters, tied to isolated security concerns that emerged in February 2026.

Hyatt currently has a Zacks Rank #3 (Hold).

Key PicksSome better-ranked stocks from the Zacks Consumer Discretionary sector are GDEV Inc. (GDEV - Free Report) , Accel Entertainment, Inc. (ACEL - Free Report) and Take-Two Interactive Software, Inc. (TTWO - Free Report) .

GDEV presently sports a Zacks Rank of 1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

The company delivered a trailing four-quarter earnings surprise of 262.7%, on average. The consensus estimate for GDEV’s 2026 sales and EPS implies growth of 6.4% and 23.8%, respectively, from the year-ago levels.

Accel Entertainment carries a Zacks Rank #2 (Buy) at present. The company delivered a trailing four-quarter earnings surprise of 23.4%, on average.

The consensus estimate for Accel Entertainment’s 2026 sales and EPS implies growth of 5.1% and 15%, respectively, from the year-ago levels.

Take-Two Interactive carries a Zacks Rank #2 at present. The company delivered a trailing four-quarter earnings surprise of 58.9%, on average.

The Zacks Consensus Estimate for Take-Two Interactive’s 2026 sales and EPS indicates growth of 18.2% and 90.7%, respectively, from the year-ago levels.

Key Takeaways Live Nation Q1 revenues rose 12% to $3.79B, beating estimates despite a wider adjusted loss.LYV sold 107M tickets through April as fan attendance climbed 7% year over year.Ticketmaster gross transaction value rose 15% to $17B as fee-bearing tickets increased 9%. Live Nation Entertainment, Inc. (LYV - Free Report) reported first-quarter 2026 results, with revenues beating the Zacks Consensus Estimate, while earnings missed the same. The top line increased year over year, while the bottom line remained in line with the prior-year quarter’s adjusted figure.

Live Nation reported steady performance, supported by strong global touring demand, higher fan engagement and expanding venue operations. Management stated that growing demand for live experiences, continued ticket sales momentum and expansion of its venue footprint supported quarterly growth.

LYV’s Q1 Earnings & RevenuesThe company reported an adjusted loss per share of 32 cents, wider than the Zacks Consensus Estimate of a loss of 27 cents. These figures are adjusted for non-recurring items. On a GAAP basis, loss per share was $1.85. In the year-ago quarter, it reported an adjusted loss per share of 32 cents. 

Revenues of $3.79 billion beat the consensus mark of $3.59 billion. The top line increased 12% year over year.

Live Nation’s Q1 Segmental DiscussionConcerts: The segment’s first-quarter revenues totaled $2.78 billion, up 12% year over year. Adjusted operating income came in at $2.9 million compared with $6.6 million reported in the prior-year quarter.

Management noted that fan attendance reached 24 million during the quarter, up 7% year over year. Tickets sold through April increased 11% year over year to more than 107 million.

Ticketing: Segmental revenues amounted to $765 million, up 10% from the prior-year quarter. Adjusted operating income was $255.6 million, up 1% from $253.1 million reported in the prior-year quarter.

Primary gross transaction value increased 14% during the quarter. Ticketmaster’s total fee-bearing tickets transacted through April increased 9% year over year to 138 million, while gross transaction value climbed 15% to $17 billion.

Sponsorship & Advertising: Revenues from this segment totaled $258.6 million, up 20% from the year-ago quarter’s figure. Adjusted operating income of $164.6 million was up 21% year over year.

Management stated that nearly 85% of sponsorship commitments for 2026 had already been booked through April, supported by healthy brand demand and continued venue expansion.

Other Financial Information of LYVLive Nation's cash and cash equivalents, as of March 31, 2026, totaled $9.08 billion compared with $7.09 billion as of Dec. 31, 2025. At the end of the first quarter, goodwill was $2.93 billion compared with $2.89 billion at 2025-end. Long-term debt as of March 31, 2026, was $6.71 billion compared with $7.61 billion as of Dec. 31, 2025.

For the first quarter, net cash provided by operating activities was $2.34 billion compared with $1.32 billion reported in the year-ago quarter. Adjusted free cash flow was $174.7 million compared with $216.1 million in the year-ago period.

2026 Outlook by LYVLooking ahead, Live Nation expects adjusted operating income to grow at a double-digit rate in 2026. Management stated that more than 85% of large venue shows for the year have already been booked, with stadium, arena and amphitheater show counts pacing above the prior year.

Venue Nation is expected to grow fan attendance at owned or operated venues by double digits in 2026. Planned projects include two U.S. amphitheaters and one stadium in Guadalajara, Mexico, while recently completed acquisitions include Movistar Arena Santiago, Unipol Forum in Milan and IMPACT Arena in Bangkok.

Capital expenditures for 2026 are projected between $1.1 billion and $1.2 billion, with nearly $800-$850 million allocated toward venue expansion and enhancement projects. Management expects sponsorship-adjusted operating income growth to remain strong, supported by venue portfolio expansion and growing festival partnerships.

LYV’s Zacks Rank & Recent Consumer Discretionary ReleasesLive Nation currently carries a Zacks Rank #5 (Strong Sell).

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Royal Caribbean Cruises Ltd. (RCL - Free Report) reported first-quarter 2026 results, with adjusted earnings and revenues beating the Zacks Consensus Estimate. The top and bottom lines increased on a year-over-year basis. In the quarter under review, the company reported adjusted EPS of $3.60, beating the Zacks Consensus Estimate of $3.20. In the year-ago quarter, RCL posted an adjusted EPS of $2.71. Revenues in the quarter totaled $4.45 billion, beating the consensus mark of $4.44 billion. The metric increased 11.3% year over year.

Hyatt Hotels Corporation (H - Free Report) reported first-quarter 2026 results, wherein both earnings and revenues surpassed the Zacks Consensus Estimate. The company reported first-quarter 2026 adjusted earnings of 63 cents per share, up 37% from 46 cents a year ago. The metric beat the Zacks Consensus Estimate of 57 cents per share by 10.5%. Total revenues rose 1.7% year over year to $1,748 million and topped the consensus mark of $1,712 million by 2.1%. Hyatt’s operating backdrop stayed constructive, with comparable system-wide hotels RevPAR increasing 5.4% and comparable system-wide all-inclusive resorts Net Package RevPAR rising 7.4% from the year-ago quarter.

Mattel, Inc. (MAT - Free Report) reported first-quarter 2026 results, with adjusted earnings and net sales beating the Zacks Consensus Estimate. Revenues improved, while the bottom line fell from the prior-year quarter levels. The company posted an adjusted loss of 20 cents per share, narrower than the Zacks Consensus Estimate of a loss of 24 cents by 16.67%. The bottom line declined from an adjusted loss of 2 cents reported in the prior-year quarter. Net sales of $862 million topped the consensus mark of $801 million by 7.59% and increased 4% year over year.

CHICAGO--(BUSINESS WIRE)--Hyatt Hotels Corporation (NYSE: H) today announced that Adam Rohman has been appointed Head of Americas, effective July 1, 2026. Rohman succeeds Pete Sears, who is retiring following an extraordinary nearly 40-year career with Hyatt.

Rohman currently serves as Senior Vice President, Investor Relations, Global Financial Planning & Analysis, and Treasurer. In his new role, he will oversee operations across Hyatt’s Americas region, including hotels within the Classics, Essentials and Luxury portfolios, as well as global brand strategy for the Classics and Essentials portfolios.

“Adam is a highly respected leader with deep knowledge of our business, strong relationships across our organization and a proven track record of disciplined, strategic leadership,” said Mark Hoplamazian, Chairman, President and Chief Executive Officer, Hyatt. “I have great confidence in Adam as he leads the Americas region into its next chapter and continues building on the foundation firmly established under Pete’s leadership.”

Rohman brings more than two decades of Hyatt experience, having begun his career in a series of on-property finance roles before advancing through a broad range of finance and operational leadership positions. Throughout his tenure, he has held key leadership roles, including SVP of Finance for the Americas and Global Head of Asset Management.

“Adam understands our business deeply and appreciates the importance of strong relationships with owners, operators, guests and colleagues,” Hoplamazian added. “His thoughtful leadership style and commitment to Hyatt’s culture position him well for this role.”

Sears and Rohman will work closely together to ensure a smooth transition. Sears will continue supporting Hyatt in a Senior Advisor role for a period of time after June 30 to ensure continuity on key priorities and relationships. A search for Rohman’s successor is underway.

The term “Hyatt” is used in this release for convenience to refer to Hyatt Hotels Corporation and/or one or more of its affiliates.

HHC-FIN

About Hyatt Hotels Corporation

Hyatt Hotels Corporation, headquartered in Chicago, is a leading global hospitality company guided by its purpose – to care for people so they can be their best. As of March 31, 2026, the Company's portfolio included more than 1,500 hotels and all-inclusive properties in 83 countries across six continents. The Company's offering includes brands in the Luxury Portfolio, including Park Hyatt®, Alila®, Miraval®, Impression by Secrets, and The Unbound Collection by Hyatt®; the Lifestyle Portfolio, including Andaz®, Thompson Hotels®, The Standard®, Dream® Hotels, The StandardX®, Breathless Resorts & Spas®, JdV by Hyatt®, Bunkhouse® Hotels, and Me and All Hotels; the Inclusive Collection, including Zoëtry® Wellness & Spa Resorts, Hyatt Ziva®, Hyatt Zilara®, Secrets® Resorts & Spas, Dreams® Resorts & Spas, Hyatt Vivid® Hotels & Resorts, Bahia Principe Hotels & Resorts, Alua Hotels & Resorts®, and Sunscape® Resorts & Spas; the Classics Portfolio, including Grand Hyatt®, Hyatt Regency®, Destination by Hyatt®, Hyatt Centric®, Hyatt Vacation Club®, and Hyatt®; and the Essentials Portfolio, including Caption by Hyatt®, Unscripted by Hyatt, Hyatt Place®, Hyatt House®, Hyatt Studios®, Hyatt Select, and UrCove. Subsidiaries of the Company operate the World of Hyatt® loyalty program, ALG Vacations®, Mr & Mrs Smith, Unlimited Vacation Club®, Amstar® DMC destination management services, and Trisept Solutions® technology services. For more information, please visit www.hyatt.com.

Forward-Looking Statements

Forward-Looking Statements in this press release, which are not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include statements about the Company's plans, strategies, outlook, the number of properties we expect to open in the future, the expected timing and payment of dividends, the Company's 2026 outlook, including the Company's expected System-wide Hotels RevPAR Growth, Net Rooms Growth, Net Income, Gross Fees, Adjusted G&A Expenses, Adjusted EBITDA, Capital Expenditures, and Adjusted Free Cash Flow, expected capital returns to shareholders, financial performance, prospective or future events and involve known and unknown risks that are difficult to predict. As a result, the Company's actual results, performance or achievements may differ materially from those expressed or implied by these forward-looking statements. In some cases, you can identify forward-looking statements by the use of words such as "may," "could," "expect," "intend," "plan," "seek," "anticipate," "believe," "estimate," "predict," "potential," "continue," "likely," "will," "would" and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by the Company and the Company's management, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: general economic uncertainty in key global markets and a worsening of global economic conditions or low levels of economic growth; the rate and pace of economic recovery following economic downturns; global supply chain constraints and interruptions, rising costs of construction-related labor and materials, and increases in costs due to inflation or other factors that may not be fully offset by increases in revenues in our business; risks affecting the luxury, resort, and all-inclusive lodging segments; levels of spending in business, leisure, and group segments, as well as consumer confidence; declines in occupancy and average daily rate; limited visibility with respect to future bookings; loss of key personnel; domestic and international political and geopolitical conditions, including political or civil unrest or changes in trade policy; the impact of global tariff policies or regulations; hostilities, or fear of hostilities, including future terrorist attacks, that affect travel; travel-related accidents; natural or man-made disasters, weather and climate-related events, such as hurricanes, earthquakes, tsunamis, tornadoes, droughts, floods, wildfires, oil spills, nuclear incidents, and global outbreaks of pandemics or contagious diseases, or fear of such outbreaks; our ability to successfully achieve specified levels of operating profits at hotels that have performance tests or guarantees in favor of our third-party owners; the impact of hotel renovations and redevelopments; risks associated with our capital allocation plans, share repurchase program, and dividend payments, including a reduction in, or elimination or suspension of, repurchase activity or dividend payments; the seasonal and cyclical nature of the real estate and hospitality businesses; changes in distribution arrangements, such as through internet travel intermediaries; changes in the tastes and preferences of our customers; relationships with colleagues and labor unions and changes in labor laws; the financial condition of, and our relationships with, third-party owners, franchisees, and hospitality venture partners; the possible inability of third-party owners, franchisees, or development partners to access the capital necessary to fund current operations or implement our plans for growth; risks associated with potential acquisitions and dispositions and our ability to successfully integrate completed acquisitions with existing operations or realize anticipated synergies; failure to successfully complete proposed transactions, including the failure to satisfy closing conditions or obtain required approvals; our ability to successfully complete dispositions of certain of our owned real estate assets within targeted timeframes and at expected values; our ability to maintain effective internal control over financial reporting and disclosure controls and procedures; declines in the value of our real estate assets; unforeseen terminations of our management and hotel services agreements or franchise agreements; changes in federal, state, local, or foreign tax law; increases in interest rates, wages, and other operating costs; foreign exchange rate fluctuations or currency restructurings; risks associated with the introduction of new brand concepts, including lack of acceptance of new brands or innovation; general volatility of the capital markets and our ability to access such markets; changes in the competitive environment in our industry, industry consolidation, and the markets where we operate; our ability to successfully grow the World of Hyatt loyalty program and manage the Unlimited Vacation Club paid membership program; cyber incidents and information technology failures; outcomes of legal or administrative proceedings; and violations of regulations or laws related to our franchising business and licensing businesses and our international operations; and other risks discussed in the Company's filings with the SEC, including our annual reports on Form 10-K and quarterly reports on Form 10-Q, which filings are available from the SEC. All forward-looking statements attributable to the Company or persons acting on our behalf are expressly qualified in their entirety by the cautionary statements set forth above. We caution you not to place undue reliance on any forward-looking statements, which are made only as of the date of this press release. We do not undertake or assume any obligation to update publicly any of these forward-looking statements to reflect actual results, new information or future events, changes in assumptions or changes in other factors affecting forward-looking statements, except to the extent required by applicable law. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements.

Hydro One Limited (H:CA) Q1 2026 Earnings Call Transcript

CHICAGO--(BUSINESS WIRE)--Hyatt Hotels Corporation (NYSE: H) announced today participation by executives at the following conferences: Mark Hoplamazian, Chairman, President and Chief Executive Officer, and Joan Bottarini, Chief Financial Officer, will jointly present at the Morgan Stanley 4th Annual Travel & Leisure Conference at 10:15 a.m. ET on Tuesday, June 2, 2026. Joan Bottarini, Chief Financial Officer, will present at the Baird Global Consumer, Technology & Services Conference at.

The hotel chain is catering to higher-end travelers with more affordable properties in new markets.

CHICAGO--(BUSINESS WIRE)--Summer is here, and World of Hyatt is unlocking more ways to save on exceptional stays worldwide. Members can enjoy up to 25% off with World of Hyatt's Global Summer Offers at more than 800 participating properties across the U.S., Canada, the Caribbean, Latin America, Europe and Africa. World of Hyatt makes it easier to plan summer getaways that offer both value and meaningful experiences, whether a weekend escape exploring your own city or immersive, bucket-list expe.

Belski said that adding Hyatt was a diversification away from Hilton. Hyatt Hotels has been a huge performer but under-owned by institutions. Meanwhile, American Airlines helped diversify away from United Airlines, which underperformed through May.

Lending his support to these choices, Joseph Terranova, chief market strategist at Virtus Investment Partners, stated that hotels could be a good choice, especially Hyatt Hotels, which is at 52-week highs. Terranova also emphasized the importance of checking investor sentiment, given that only 54% of analysts currently have a Buy rating on Hyatt.

Terranova also highlighted that Marriott International Inc (NASDAQ:MAR) was at a 52-week high, while only 44% of analysts held a Buy rating on the stock.

Don't forget to check out our premarket coverage here.

World of Hyatt announced high-value savings at its properties across the globe this summer, paired with Bonus Points on repeat bookings and extended stays. Members can earn even more at Hyatt Place and Hyatt Select hotels worldwide.

Price Action:

American Airlines slid 2.86% to close at $13.93 on Tuesday. Hyatt Hotels rose 0.85% to close at $185.21 on Tuesday. Marriott International fell 0.85% to close at $373.76 on Tuesday. Image via Gorodenkoff/Shutterstock

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, /PRNewswire/ - Hydro One Limited (TSX: H) (Hydro One) welcomes Megan Telford as the company's President and CEO and newest member of its Board of Directors. Ms. Telford steps into the role following the retirement of David Lebeter, also effective today. Ms. Telford was one of the 10 nominees listed in the company's management information circular dated April 27, 2026, and elected as a Director at its Annual Meeting of Shareholders today.

"On behalf of the Board, I am pleased to welcome Megan Telford as she steps into the role of President and CEO today. We are excited to work alongside Megan as she leads Hydro One into its next chapter," said Melissa Sonberg, Chair of the Board, Hydro One. "Thank you to Helga Reidel and Mitch Panciuk for their years of dedicated service and valuable contributions to the organization. We wish them both continued success and all the best in their future endeavours."

A total of 505,469,897 shares, representing 84.23 per cent of Hydro One's issued and outstanding common shares, were voted in connection with the meeting.

Detailed voting results for the election of Directors are below:

Director

Votes For (Percent)

Votes Withheld (Percent)

Perrin Beatty

99.84

0.16

David Hay

99.67

0.33

Debbie Hutton

99.84

0.16

Stacey Mowbray

99.94

0.06

Mark Podlasly

99.97

0.03

Michael Rencheck

99.80

0.20

Melissa Sonberg

97.22

2.78

Megan Telford

99.97

0.03

Brian Vaasjo

98.21

1.79

Susan Wolburgh Jenah

98.74

1.26

All other matters voted on at the meeting were approved. Final voting results will be available on Hydro One's website and filed with Canadian and U.S. securities regulators.

Hydro One Limited (TSX: H)
Hydro One Limited, through its wholly-owned subsidiaries, is Ontario's largest electricity transmission and distribution provider with 1.5 million valued customers, $39.7 billion in assets as at December 31, 2025, and annual revenues in 2025 of $9 billion. Our team of 9,600 skilled and dedicated employees proudly build and maintain a safe and reliable electricity system which is essential to supporting strong and successful communities. In 2025, Hydro One invested $3.4 billion in its transmission and distribution networks, and supported the economy through buying $3.0 billion of goods and services.

We are committed to the communities where we live and work through community investment, sustainability and diversity initiatives. Hydro One Limited's common shares are listed on the TSX and certain of Hydro One Inc.'s medium term notes are listed on the NYSE. Additional information can be accessed at www.hydroone.com, www.sedarplus.com or www.sec.gov.

For More Information

For more information about everything Hydro One, please visit www.hydroone.com where you can find additional information including links to securities filings, historical financial reports, and information about the Company's governance practices, corporate social responsibility, customer solutions, and further information about its business.

Forward-looking statements and information:

This press release may contain "forward-looking information" within the meaning of applicable Canadian securities laws and "forward-looking statements" within the meaning of applicable U.S. securities laws (collectively, "forward-looking information"). Statements containing forward-looking information are made pursuant to the "safe harbour" provisions of applicable Canadian and U.S. securities laws. Words such as "expect", "anticipate", "intend", "attempt", "may", "plan", "will", "can", "believe", "seek", "estimate", and variations of such words and similar expressions are intended to identify such forward-looking information. These statements are not guarantees of future performance or actions and involve assumptions and risks and uncertainties that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed, implied or forecasted in such forward-looking information. Some of the factors that could cause actual results or outcomes to differ materially from the results expressed, implied or forecasted by such forward-looking information, including some of the assumptions used in making such statements, are discussed more fully in Hydro One's filings with the securities regulatory authorities in Canada, which are available on SEDAR+ at www.sedarplus.com. Hydro One does not intend, and it disclaims any obligation, to update any forward-looking information, except as required by law.

SOURCE Hydro One Limited