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

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Worthington Industries (WOR) PT Raised to $47 at Jefferies Following 4Q

June 30, 2017 8:19 AM EDT

Jefferies raised its price target on Worthington Industries (NYSE: WOR) to $47.00 (from $45.00) while maintaining a Hold rating. WOR reported fiscal 4Q17 EPS of $0.87, which was ahead of the consensus estimate of $0.80. Steel Processing temporarily benefited from inventory holding gains, while downstream JVs faced... More