Worthington Industries (WOR) Misses Q2 EPS by 5c

Worthington Industries (NYSE: WOR) reported Q2 EPS of $0.65, $0.05 worse than the analyst estimate of $0.70. Revenue for the quarter came in at $327.45 million versus the consensus estimate of $310.6 million.

Outlook

“Across the company, we remain focused on delivering for our customers, investing in opportunities that fit our strategy and advancing the long-term value of Worthington Enterprises,” Hayek said. “As we enter the back half of our fiscal year, which is typically a seasonally stronger period, we are excited about the opportunities ahead. Today, we announced the signing of an agreement to acquire LSI Group. LSI is a leader in the metal roofing components space and is a great example of our growth strategy of acquiring and building leaders in attractive niche markets.”

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

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