U.S. Markets closed

Worthington: Fiscal 3Q Earnings Snapshot

COLUMBUS, Ohio (AP) _ Worthington Industries Inc. (WOR) on Wednesday reported fiscal third-quarter earnings of $26.8 million.

The Columbus, Ohio-based company said it had profit of 46 cents per share. Earnings, adjusted for one-time gains and costs, came to 62 cents per share.

The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 56 cents per share.

The metal manufacturer posted revenue of $874.4 million in the period, which did not meet Street forecasts. Three analysts surveyed by Zacks expected $927.3 million.

Worthington shares have climbed roughly 6 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $36.80, a decline of 15 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WOR at https://www.zacks.com/ap/WOR