Worthington Industries (WOR) Misses Q3 EPS by 10c

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/22/2026

1. META
2. TSLA
3. IBM
4. TXN
5. LVS
6. SAP
7. CSX
8. LRCX
9. KNX
10. ELV

Go back to Worthington Industries (WOR) Misses Q3 EPS by 10c

Worthington Reports Third Quarter Fiscal 2019 Results

March 20, 2019 4:28 PM EDT

COLUMBUS, Ohio, March 20, 2019 (GLOBE NEWSWIRE) -- Worthington Industries, Inc. (NYSE: WOR) today reported net sales of $874.4 million and net earnings of $26.8 million, or $0.46 per diluted share, for its fiscal 2019 third quarter ended February 28, 2019. The current quarter was negatively impacted due to a replacement program related to certain composite hydrogen fuel tanks, resulting in a pre-tax charge of $13.0 million, or $0.17 per share. In addition, the current quarter included estimated inventory holding losses of $10.8 million in Steel Processing and a pre-tax net restructuring gain of $11.2 million related to the sale of certain assets... More