Worthington Industries Q1 EPS $2.06 Beats $2.04 Estimate, Sales $1.19B Miss $1.23B Estimate
Portfolio Pulse from Happy Mohamed
Worthington Industries (NYSE:WOR) reported Q1 earnings of $2.06 per share, beating the analyst consensus estimate of $2.04 by 0.98 percent. This is a 27.95 percent increase from last year. However, the company's quarterly sales of $1.19 billion missed the analyst consensus estimate of $1.23 billion by 3.01 percent, marking a 15.33 percent decrease from the same period last year.
September 27, 2023 | 8:32 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Worthington Industries beat EPS estimates but missed on sales for Q1. This mixed result could lead to uncertain market reactions.
Worthington Industries' Q1 earnings beat estimates, which is positive for the stock. However, the company missed on sales, which is negative. These mixed results could lead to an uncertain market reaction in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100