Worthington Industries Inc reports results for the quarter ended in May - Earnings Summary

Worthington Industries

28/06/2023 22:57

* Worthington Industries Inc  WOR.N  reported quarterly
adjusted
earnings of $2.74​​ per share for the quarter ended in May. The
mean expectation of three analysts for the quarter was
for earnings of $1.90 per share.
    * Revenue fell 19.2% to $1.23 billion from a year ago;
analysts
expected $1.24 billion. 
    * Worthington Industries Inc's reported EPS for the quarter
was
$2.61​.
    * The mean earnings estimate of analysts had risen by
about 26.7%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Worthington Industries Inc shares had fallen by 3.4% this
quarter and gained 25.7% so far this year.
    * The company reported quarterly net income of $129.9
million.
    * Wall Street's median 12-month price target for Worthington
Industries Inc is $60.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data June
28 at 09:57 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 May. 31 2023      1.90           2.74           Beat
 Feb. 28 2023      0.72           1.04           Beat
 Nov. 30 2022      0.66           0.44           Missed
 Aug. 31 2022      1.58           1.61           Beat