← Worthington Industries overview

Worthington Industries vs Reliance Steel & Aluminum: why the prices moved differently

Weekly · monthly · quarterly news summaries, side by side in time

Worthington Industries Inc (WOR)

Q3 2026
▲3

Worthington Beats Estimates, Data-Center Tank Demand Accelerates

  • Q1 earnings beat lifts stock Worthington reported Q1 revenue of $343.9 million, up 13.2%, and adjusted EPS of $0.82, beating estimates. Adjusted EBITDA rose 10% and free cash flow nearly doubled. The stock jumped about 15% as results showed the business is growing faster than expected.

    The earnings beat is the main new event driving the stock this period.

  • Data-center liquid cooling tanks gain traction Worthington shipped $13 million of ASME tanks for data-center liquid cooling in the quarter, matching its full prior-year total. Management expects sequential growth through fiscal 2027 in a market that could be over 10 times its legacy size. This opens a fast-growing new demand source.

    It explains a key growth driver behind the earnings beat and future upside.

  • Investor day highlights under-the-radar data-center play Ahead of its November 10 investor day, Worthington emphasized its focus on construction, heating/cooling products, and data-center liquid-cooling tanks. Shares jumped 10% as investors saw it as an overlooked data-center supplier with double-digit contractor sales growth.

    It shows a new narrative that attracted buyers before earnings.

  • Tariff refunds and steel weakness offset some gains Trade and Specialty Solutions got a $4 million boost from IEEPA tariff refunds, but the A2L refrigerant transition cut Building Performance EBITDA by about $7 million. The company also faces tariff uncertainty and weaker equity earnings from softer steel pricing, which could weigh on future results.

    It gives a fair picture of real counterweights to the positive earnings and demand news.

September 2026
▲3

Worthington Beats Estimates, Data-Center Tank Demand Accelerates

  • Q1 earnings beat lifts stock Worthington reported Q1 revenue of $343.9 million, up 13.2%, and adjusted EPS of $0.82, beating estimates. Adjusted EBITDA rose 10% and free cash flow nearly doubled. The stock jumped about 15% as results showed the business is growing faster than expected.

    The earnings beat is the main new event driving the stock this period.

  • Data-center liquid cooling tanks gain traction Worthington shipped $13 million of ASME tanks for data-center liquid cooling in the quarter, matching its full prior-year total. Management expects sequential growth through fiscal 2027 in a market that could be over 10 times its legacy size. This opens a fast-growing new demand source.

    It explains a key growth driver behind the earnings beat and future upside.

  • Investor day highlights under-the-radar data-center play Ahead of its November 10 investor day, Worthington emphasized its focus on construction, heating/cooling products, and data-center liquid-cooling tanks. Shares jumped 10% as investors saw it as an overlooked data-center supplier with double-digit contractor sales growth.

    It shows a new narrative that attracted buyers before earnings.

  • Tariff refunds and steel weakness offset some gains Trade and Specialty Solutions got a $4 million boost from IEEPA tariff refunds, but the A2L refrigerant transition cut Building Performance EBITDA by about $7 million. The company also faces tariff uncertainty and weaker equity earnings from softer steel pricing, which could weigh on future results.

    It gives a fair picture of real counterweights to the positive earnings and demand news.

Latest
▲3

Worthington Beats Estimates, Data-Center Tank Demand Accelerates

  • Q1 earnings beat lifts stock Worthington reported Q1 revenue of $343.9 million, up 13.2%, and adjusted EPS of $0.82, beating estimates. Adjusted EBITDA rose 10% and free cash flow nearly doubled. The stock jumped about 15% as results showed the business is growing faster than expected.

    The earnings beat is the main new event driving the stock this period.

  • Data-center liquid cooling tanks gain traction Worthington shipped $13 million of ASME tanks for data-center liquid cooling in the quarter, matching its full prior-year total. Management expects sequential growth through fiscal 2027 in a market that could be over 10 times its legacy size. This opens a fast-growing new demand source.

    It explains a key growth driver behind the earnings beat and future upside.

  • Investor day highlights under-the-radar data-center play Ahead of its November 10 investor day, Worthington emphasized its focus on construction, heating/cooling products, and data-center liquid-cooling tanks. Shares jumped 10% as investors saw it as an overlooked data-center supplier with double-digit contractor sales growth.

    It shows a new narrative that attracted buyers before earnings.

  • Tariff refunds and steel weakness offset some gains Trade and Specialty Solutions got a $4 million boost from IEEPA tariff refunds, but the A2L refrigerant transition cut Building Performance EBITDA by about $7 million. The company also faces tariff uncertainty and weaker equity earnings from softer steel pricing, which could weigh on future results.

    It gives a fair picture of real counterweights to the positive earnings and demand news.

Reliance Steel & Aluminum Co (RS)

Q3 2026
▲2▼1

Record shipments and earnings beat, but Canadian tariff cut raises import risk

  • Record Q2 shipments and earnings beat Reliance sold a record 1.79 million tons in Q2, up 10.8% from a year ago, and earned $6.27 per share, beating estimates by 16.5%. Sales rose 26.5% to $4.63 billion. Strong demand and higher prices push the stock up because they show the business is growing and more profitable than expected.

    This is the core new event showing RS's business strength and directly explains the stock's recent gains.

  • Strong Q3 guidance with border wall boost Reliance expects Q3 earnings of $6.40 to $6.60 per share, including about 60 cents from the U.S. border wall project. This tells investors the good times are likely to continue, which supports a higher stock price.

    Forward guidance is new and gives investors confidence about future profits, a key driver of the stock.

  • US to halve Canadian steel and aluminum tariffs The US plans to cut tariffs on Canadian steel and aluminum from 50% to 25%, which could let more lower-cost imports into the US. That raises competition for Reliance and may pressure its prices and profits, pushing the stock down.

    This is a new policy change that directly affects RS's competitive position and pricing power.

  • Input cost pressure and softer semiconductor demand Higher aluminum and other input costs, plus weaker semiconductor and commercial aerospace markets, are squeezing margins. This partly offsets the strong demand from construction and data centers, keeping the stock's rise in check.

    It is the main counterweight to the positive demand story and explains why the stock isn't rising even faster.

July 2026
▲2▼1

Record shipments and earnings beat, but Canadian tariff cut raises import risk

  • Record Q2 shipments and earnings beat Reliance sold a record 1.79 million tons in Q2, up 10.8% from a year ago, and earned $6.27 per share, beating estimates by 16.5%. Sales rose 26.5% to $4.63 billion. Strong demand and higher prices push the stock up because they show the business is growing and more profitable than expected.

    This is the core new event showing RS's business strength and directly explains the stock's recent gains.

  • Strong Q3 guidance with border wall boost Reliance expects Q3 earnings of $6.40 to $6.60 per share, including about 60 cents from the U.S. border wall project. This tells investors the good times are likely to continue, which supports a higher stock price.

    Forward guidance is new and gives investors confidence about future profits, a key driver of the stock.

  • US to halve Canadian steel and aluminum tariffs The US plans to cut tariffs on Canadian steel and aluminum from 50% to 25%, which could let more lower-cost imports into the US. That raises competition for Reliance and may pressure its prices and profits, pushing the stock down.

    This is a new policy change that directly affects RS's competitive position and pricing power.

  • Input cost pressure and softer semiconductor demand Higher aluminum and other input costs, plus weaker semiconductor and commercial aerospace markets, are squeezing margins. This partly offsets the strong demand from construction and data centers, keeping the stock's rise in check.

    It is the main counterweight to the positive demand story and explains why the stock isn't rising even faster.

Latest
▲2▼1

Record shipments and earnings beat, but Canadian tariff cut raises import risk

  • Record Q2 shipments and earnings beat Reliance sold a record 1.79 million tons in Q2, up 10.8% from a year ago, and earned $6.27 per share, beating estimates by 16.5%. Sales rose 26.5% to $4.63 billion. Strong demand and higher prices push the stock up because they show the business is growing and more profitable than expected.

    This is the core new event showing RS's business strength and directly explains the stock's recent gains.

  • Strong Q3 guidance with border wall boost Reliance expects Q3 earnings of $6.40 to $6.60 per share, including about 60 cents from the U.S. border wall project. This tells investors the good times are likely to continue, which supports a higher stock price.

    Forward guidance is new and gives investors confidence about future profits, a key driver of the stock.

  • US to halve Canadian steel and aluminum tariffs The US plans to cut tariffs on Canadian steel and aluminum from 50% to 25%, which could let more lower-cost imports into the US. That raises competition for Reliance and may pressure its prices and profits, pushing the stock down.

    This is a new policy change that directly affects RS's competitive position and pricing power.

  • Input cost pressure and softer semiconductor demand Higher aluminum and other input costs, plus weaker semiconductor and commercial aerospace markets, are squeezing margins. This partly offsets the strong demand from construction and data centers, keeping the stock's rise in check.

    It is the main counterweight to the positive demand story and explains why the stock isn't rising even faster.