Worthington Industries (WOR) Tops Q4 EPS by 4c, Revenue Beats

Worthington Industries (NYSE: WOR) reported Q4 EPS of $0.87, $0.04 better than the analyst estimate of $0.83. Revenue for the quarter came in at $845.3 million versus the consensus estimate of $786.25 million.

Outlook

“As we begin our new fiscal year, we are optimistic that we will continue to see improvements in some of our key markets, and we are very pleased to have closed on our largest acquisition to date with the purchase of Amtrol,” McConnell said. “We think the addition of Amtrol, along with the successful traction of Transformation in Pressure Cylinders, provide good momentum and have us well-positioned for growth. All of our businesses are focused on continuing to improve through our Transformation in driving lean practices, with innovation and by strengthening our competitive position in the markets we serve.”

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

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