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Worthington Steel Inc. - ws STOCK NEWS

Welcome to our dedicated news page for Worthington Steel (Ticker: ws), a resource for investors and traders seeking the latest updates and insights on Worthington Steel.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Worthington Steel's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Worthington Steel's position in the market.

News
Worthington Steel Named a 2023 Supplier of the Year by General Motors
Rhea-AI Summary
Worthington Steel, Inc. (NYSE: WS) has been named a 2023 Supplier of the Year by General Motors for the third time, showcasing their commitment to customer value and innovation. With only 86 suppliers recognized out of 20,000, this award highlights their performance, innovation, and cultural alignment with GM's values.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.37%
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none
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News
Worthington Steel Earns Recognition as a John Deere “Partner-level Supplier” for the 12th Consecutive Year
Rhea-AI Summary
Worthington Steel (WS) has been recognized as a Partner-level supplier by John Deere for the 12th year in a row, highlighting its commitment to quality and continuous improvement. The company supplies steel sheets to various John Deere facilities for the fabrication of agricultural equipment, showcasing a strong relationship and performance excellence.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
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none
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News
Vicarious Surgical to Report First Quarter 2024 Financial Results on April 29, 2024
Rhea-AI Summary
Vicarious Surgical Inc. (RBOT) will report Q1 2024 financial results on April 29, 2024, aiming to enhance surgical procedures' cost, efficiency, and outcomes. The conference call will be hosted by company management at 4:30 p.m. Eastern Time.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
14.17%
Tags
conferences earnings
News
Sky Harbour Group Corporation Announces its 2023 Financial Results; Updates on New Ground Leases, Construction and Hangar Leasing; Injects Equity into Obligated Group and Files Various Registration Statements with SEC
Rhea-AI Summary
Sky Harbour Group (SKYH) announces financial results for 2023, new ground leases, and remediation estimates. The company reported a 311% increase in revenues, with SG&A expenses up by 2.8%. Cash used in operating activities improved to $7.7 million. The company maintains strong liquidity with approximately $172 million in cash and investments. Noteworthy events include ground leases at San Jose and Orlando airports, construction delays in Denver, Phoenix, and Dallas, and high occupancy rates at Houston, Nashville, and Miami campuses.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.62%
Tags
earnings
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News
Southland Awarded $56 million Wastewater Treatment Plant Facility Project
Rhea-AI Summary
Southland Holdings, Inc. (SLND) subsidiary, Oscar Renda Contracting, secures $56 million contract for a wastewater treatment plant construction in the Southwest.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.72%
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News
Sky Harbour to Report 2023 Full Year Results and Host Webcast Investor Call Tomorrow, March 27, 2024
Rhea-AI Summary
Sky Harbour Group (SKYH) announces the release of its year-end 2023 financial results on Form 10-K and an investor webcast to review the financial results and provide a business update.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.47%
Tags
conferences
News
Worthington Steel Reports Third Quarter Fiscal 2024 Results
Rhea-AI Summary
Worthington Steel, Inc. (NYSE: WS) reported strong financial results for Q3 fiscal 2024, with net sales of $805.8 million and net earnings of $49.0 million. Operating income increased significantly to $66.3 million compared to the prior year. The company's performance was driven by improved direct spreads and higher volume, with a focus on finishing the fiscal year strong. Recent developments include a licensing agreement with AcerlorMittal Tailored Blanks and a quarterly dividend declaration.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.81%
Tags
earnings
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News
Worthington Steel Declares Quarterly Dividend
Rhea-AI Summary
Worthington Steel, Inc. (NYSE: WS) declares a quarterly dividend of $0.16 per common share, payable on June 28, 2024. The company will host a conference call to discuss fiscal third quarter results on March 22, 2024, with a live webcast available. Shareholders of record by June 14, 2024, are eligible for the dividend.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.81%
Tags
dividends
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News
Worthington Steel Joint Venture, TWB Company, Signs Licensing Agreement with ArcelorMittal Tailored Blanks for Patented Ablation Technology
Rhea-AI Summary
Worthington Steel, Inc. (NYSE: WS) announces a licensing agreement with ArcelorMittal Tailored Blanks for ablation technology, enhancing hot formed tailored blanks production. The innovative technology allows for welding advanced high-strength steel, improving strength, crash performance, and reducing weight for automotive applications.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.46%
Tags
none
News
OppFi Exceeds 2023 Earnings Guidance, Provides Outlook for Continued Profitable Growth in 2024
Rhea-AI Summary
OppFi Inc. (NYSE: OPFI) reported strong financial results for the fourth quarter and full-year 2023, with total revenue increasing by 10.7% to $132.9 million in Q4 and reaching $508.9 million for the year. Net income for 2023 was $39.5 million, showing a significant improvement from the previous year. Adjusted net income also rose to $43.3 million. The company achieved its ninth consecutive year of net income and saw positive improvements in its net charge-off rate. OppFi's CEO highlighted the focus on profitable growth and efficient scaling of operating expenses for 2024, aiming to create additional shareholder value.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-23.48%
Tags
earnings
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Worthington Steel Inc.

NYSE:WS

WS Rankings

#2075 Ranked by Market Cap
N/A Ranked by Stock Gains
#1397 Ranked by Dividends

WS Stock Data

1.75B
34.61M
35.01%
49.7%
0.95%
Iron and Steel Mills and Ferroalloy Manufacturing
Manufacturing
Link
United States
Columbus