Worthington Industries (WOR) Tops Q1 EPS by 61c

Worthington Industries (NYSE: WOR) reported Q1 EPS of $2.46, $0.61 better than the analyst estimate of $1.85. Revenue for the quarter came in at $1.1 billion versus the consensus estimate of $1.08 billion.

Outlook:

“The Company is performing well, and while demand from our major end markets remains healthy, we will likely continue to face labor challenges and be impacted by lower automotive demand due to the ongoing semi-conductor shortage,” Rose said. “Despite this, we are off to a great start for fiscal 2022 and I’m confident our teams will continue to navigate these challenges and deliver for our customers."

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

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