Worthington Industries (WOR) Tops Q3 EPS by 15c

Worthington Industries (NYSE: WOR) reported Q3 EPS of $1.27, $0.15 better than the analyst estimate of $1.12. Revenue for the quarter came in at $759.1 million versus the consensus estimate of $872.5 million.

Outlook

“Our businesses are performing well and with the strategic acquisitions and divestitures we completed recently we are well positioned moving forward,” Rose said. “As strong as our record Q3 was, it could have been better. We faced challenges, some of which will persist, including a tight steel market, semi-conductor shortages that impacted our automotive customers, extreme weather, and continuing COVID related production issues. Our teams are exceptional, and they will continue to navigate these challenges, working safely to drive our business to new heights.”

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

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