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

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

Worthington Reports Fourth Quarter and Fiscal Year Results

June 28, 2017 5:25 PM EDT

COLUMBUS, Ohio, June 28, 2017 (GLOBE NEWSWIRE) -- Worthington Industries, Inc. (NYSE: WOR) today reported net sales of $845.3 million and net earnings of $56.5 million, or $0.87 per diluted share, for its fiscal 2017 fourth quarter ended May 31, 2017.  In the fourth quarter of the prior year, the Company reported net sales of $714.7 million and net earnings of $58.5 million, or $0.92 per diluted share.  Net earnings in the prior year quarter included a $6.9 million pre-tax gain related to the consolidation of the Worthington Specialty Processing (WSP) joint venture and $1.9 million of pre-tax restructuring charges.  The net after-tax impact of these... More