Worthington Industries (WOR) Misses Q3 EPS by 10c

Worthington Industries (NYSE: WOR) reported Q3 EPS of $0.46, $0.10 worse than the analyst estimate of $0.56. Revenue for the quarter came in at $874.4 million versus the consensus estimate of $933.27 million.

Outlook

“Despite recent headwinds, the Company is performing well, and we remain focused on driving improvements throughout our businesses,” McConnell said. “Overall, our markets remain steady. We expect to see continued margin expansion in Pressure Cylinders, but also anticipate continued inventory holding losses in Steel Processing in the upcoming quarter.”

For earnings history and earnings-related data on Worthington Industries (WOR) click here.

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