Earnings Outlook For Worthington Industries
Portfolio Pulse from Benzinga Insights
Worthington Industries (NYSE:WOR) is expected to report an EPS of $0.75 in its upcoming quarterly earnings on March 20, 2024. Analysts and investors will be looking for the company to beat this estimate and provide positive guidance for future growth. Historical data shows mixed reactions in stock price to past earnings reports. Shares have risen 92.47% over the last 52 weeks, indicating a bullish sentiment among long-term shareholders.
March 19, 2024 | 3:01 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Worthington Industries is anticipated to announce an EPS of $0.75 for the upcoming quarter, with investors keen on both the earnings outcome and future guidance. The stock has seen a significant 92.47% increase over the past year, reflecting a strong bullish sentiment.
Given the historical performance and the significant year-over-year stock increase, beating the EPS estimate and providing positive future guidance could further bolster investor confidence and drive the stock price up in the short term. However, the mixed reactions to past earnings reports introduce some uncertainty, hence the confidence score is not at the maximum.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100