Worthington Industries (WOR) Posts Mixed Q2 Results

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Go back to Worthington Industries (WOR) Posts Mixed Q2 Results

Worthington Industries (WOR) PT, Estimates Cut at Jefferies Amid Mixed Q2

December 19, 2014 8:26 AM EST

Jefferies analyst Luke Folta cut estimates and his price target on Hold-rated Worthington Industries (NYSE: WOR) to $35.00 (from $38.00) amid weaker-than-expected Q2 results.

Folta commented, "WORs F2Q15 adj. EPS of $0.55 missed ours/Street est. of $0.61/$0.66. Inventory holding losses in Steel and elevated... More