Worthington Industries shares are trading higher after the company reported better-than-expect Q3 EPS results.
Portfolio Pulse from Benzinga Newsdesk
Worthington Industries' stock price increased following the announcement of their Q3 earnings per share (EPS) results, which exceeded expectations.
March 21, 2024 | 2:30 pm
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Worthington Industries' shares surged after the company announced its Q3 EPS, surpassing analysts' predictions.
The positive earnings surprise typically leads to an increase in stock price as it indicates the company is performing better than what analysts expected. This can lead to increased investor confidence and demand for the stock, driving up its price in the short term.
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