Worthington Industries (WOR) Scheduled to Post Earnings on Thursday
Worthington Industries (NYSE:WOR) is scheduled to be announcing its earnings data on Thursday, June 26th. Persons that are interested in participating in the company’s earnings conference call can do so using this link.
Worthington Industries (NYSE:WOR) last released its earnings data on Thursday, March 27th. The company reported $0.57 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.61 by $0.04. The company had revenue of $773.20 million for the quarter, compared to the consensus estimate of $760.73 million. During the same quarter in the prior year, the company posted $0.52 earnings per share. The company’s quarterly revenue was up 24.8% on a year-over-year basis. On average, analysts expect Worthington Industries to post $2.39 EPS for the current fiscal year and $2.74 EPS for the next fiscal year.
Worthington Industries (NYSE:WOR) opened at 42.35 on Wednesday. Worthington Industries has a one year low of $30.27 and a one year high of $48.58. The stock’s 50-day moving average is $40.05 and its 200-day moving average is $39.98. The company has a market cap of $2.939 billion and a price-to-earnings ratio of 20.62.
WOR has been the subject of a number of recent research reports. Analysts at Credit Suisse upgraded shares of Worthington Industries from a “neutral” rating to an “outperform” rating in a research note on Thursday, May 22nd. On the ratings front, analysts at Ned Davis Research upgraded shares of Worthington Industries from a “neutral” rating to a “buy” rating in a research note on Monday, May 12th. Finally, analysts at KeyCorp upgraded shares of Worthington Industries from a “hold” rating to a “buy” rating in a research note on Wednesday, April 2nd. They now have a $46.00 price target on the stock. They noted that the move was a valuation call. Four investment analysts have rated the stock with a buy rating, The stock presently has an average rating of “Buy” and a consensus target price of $43.75.
Worthington Industries, Inc (NYSE:WOR) is a diversified metals processing company, focused on steel processing and manufactured metal products.
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