Worthington Industries (WOR) Misses Q1 EPS by 10c

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Go back to Worthington Industries (WOR) Misses Q1 EPS by 10c

Worthington Reports First Quarter Fiscal 2019 Results

September 26, 2018 8:00 AM EDT

COLUMBUS, Ohio, Sept. 26, 2018 (GLOBE NEWSWIRE) -- Worthington Industries, Inc. (NYSE: WOR) today reported net sales of $988.1 million and net earnings of $54.9 million, or $0.91 per diluted share, for its fiscal 2019 first quarter ended August 31, 2018.  Net earnings in the quarter included net pre-tax impairment and restructuring charges totaling $1.4 million, which reduced earnings per diluted share by $0.01.  That compares to a year ago first quarter with net sales of $848.2 million and net earnings of $45.5 million, or $0.70 per diluted share.  Net earnings in the first quarter of fiscal 2018 included pre-tax restructuring charges totaling $2.3 million, which reduced earnings... More