Worthington Industries Q4 EPS $2.74 Beats $1.90 Estimate, Sales $1.23B Miss $1.24B Estimate
Portfolio Pulse from Benzinga Newsdesk
Worthington Industries (NYSE:WOR) reported Q4 earnings of $2.74 per share, beating the analyst consensus estimate of $1.90 by 44.21%. This is a 73.42% increase from the same period last year. However, the company's quarterly sales of $1.23 billion missed the analyst consensus estimate of $1.24 billion by 0.89%, marking a 19.14% decrease from the same period last year.
June 28, 2023 | 8:18 pm
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Worthington Industries beat Q4 EPS estimates but missed on sales. This mixed report could lead to uncertain short-term price movements.
Worthington Industries' Q4 earnings beat analyst estimates, which is typically a positive signal for the stock. However, the company missed on sales, which could offset some of the positive sentiment. This mixed report could lead to uncertain short-term price movements.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100