Worthington Industries (WOR) to Release Quarterly Earnings on Thursday
Worthington Industries (NYSE:WOR) is scheduled to post its Q114 quarterly earnings results on Thursday, September 26th. Analysts expect Worthington Industries to post earnings of $0.58 per share and revenue of $692.92 million for the quarter. Investors that wish to register for the company’s conference call can do so using this link.
Worthington Industries (NYSE:WOR) last posted its quarterly earnings results on Thursday, June 27th. The company reported $0.62 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.65 by $0.03. The company had revenue of $704.06 million for the quarter, compared to the consensus estimate of $699.55 million. During the same quarter in the prior year, the company posted $0.75 earnings per share. The company’s quarterly revenue was down 6.8% on a year-over-year basis. On average, analysts expect Worthington Industries to post $2.38 EPS for the current fiscal year and $2.75 EPS for the next fiscal year.
Worthington Industries (NYSE:WOR) opened at 34.48 on Wednesday. Worthington Industries has a 52-week low of $20.69 and a 52-week high of $36.95. The stock has a 50-day moving average of $34.52 and a 200-day moving average of $33.33. The company has a market cap of $2.398 billion and a price-to-earnings ratio of 17.73.
Several analysts have recently commented on the stock. Analysts at Jefferies Group raised their price target on shares of Worthington Industries (NYSE:WOR) from $30.00 to $33.00 in a research note to investors on Monday, September 16th. They now have a “hold” rating on the stock. Analysts at Credit Suisse initiated coverage on shares of Worthington Industries (NYSE:WOR) in a research note to investors on Monday, July 8th. They set a “neutral” rating on the stock.
Seven research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Worthington Industries presently has an average rating of “Hold” and an average price target of $31.67.
Worthington Industries, Inc (NYSE:WOR) is a diversified metals processing company, focused on steel processing and manufactured metal products.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.