Worthington Industries (WOR) Tops Q1 EPS by 2c

Worthington Industries (NYSE: WOR) reported Q1 EPS of $2.06, $0.02 better than the analyst estimate of $2.04. Revenue for the quarter came in at $1.2 billion versus the consensus estimate of $1.23 billion.

Outlook:

“Our businesses continue to perform well despite some economic uncertainty and signs that consumers are stretched. Our experienced teams continue to navigate the current environment exceptionally well, and we are well positioned with an outstanding balance sheet," Rose said. “In addition, we continue to make good progress on our Worthington 2024 plan, which will create two, distinct market-leading companies, Worthington Enterprises and Worthington Steel, and we are on-track to complete the separation as early as December 2023.”

For earnings history and earnings-related data on Worthington Industries (WOR) click here.

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