Worthington Enterprises Q1 EPS $0.50 Misses $0.74 Estimate, Sales $257.30M Miss $300.26M Estimate
Portfolio Pulse from Benzinga Newsdesk
Worthington Enterprises (NYSE:WOR) reported Q1 earnings of $0.50 per share, missing the $0.74 estimate, and sales of $257.30M, missing the $300.26M estimate. This represents a significant decrease from the previous year.
September 24, 2024 | 8:32 pm
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Worthington Enterprises reported Q1 earnings and sales that significantly missed analyst estimates, with a notable year-over-year decline in both metrics.
The significant miss on both earnings per share and sales compared to analyst estimates, along with a substantial year-over-year decline, is likely to negatively impact the stock price in the short term.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100