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Worthington Industries: Q4 Earnings Insights

Benzinga Insights

Shares of Worthington Industries (NYSE:WOR) were flat in pre-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share decreased 62.34% over the past year to $0.29, which beat the estimate of $0.25.

Revenue of $611,627,000 decreased by 34.85% from the same period last year, which missed the estimate of $669,700,000.

Looking Ahead

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

Details Of The Call

Date: Jun 25, 2020

View more earnings on WOR

Time: 10:30 AM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Fir.worthingtonindustries.com%2Fevents-and-presentations%2Fevents%2Fdefault.aspx&eventid=2395462&sessionid=1&key=0E2AA907E8C4EC326F04075C0A6E3333&regTag=&sourcepage=register

Price Action

52-week high: $44.69

52-week low: $19.28

Price action over last quarter: Up 45.28%

Company Description

Worthington Industries Inc is an American diversified metals manufacturing company, focused on value-added steel processing and manufactured metal products. Its manufactured metal products include pressure cylinders for liquefied petroleum gas, compressed natural gas, oxygen, refrigerant, and other industrial gas storage; cylinders; helium-filled balloon kits; steel and fiberglass tanks and processing equipment primarily for the oil and gas industry; cryogenic pressure vessels for liquefied natural gas and other gas storage applications; light gauge steel framing for commercial and residential construction; and a number of other products. The United States accounts for the majority of the company's revenue.

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