Worthington Enterprises (WOR) Expected to Announce Quarterly Earnings on Tuesday

Worthington Enterprises (NYSE:WOR) is expected to be releasing its earnings data after the market closes on Tuesday, March 25th. Analysts expect Worthington Enterprises to post earnings of $0.73 per share and revenue of $289.09 million for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Worthington Enterprises (NYSE:WOR) last announced its quarterly earnings results on Tuesday, December 17th. The industrial products company reported $0.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.52 by $0.08. Worthington Enterprises had a net margin of 3.66% and a return on equity of 14.70%. The company had revenue of $274.05 million during the quarter, compared to the consensus estimate of $273.77 million. During the same period in the prior year, the business earned $0.78 earnings per share. The company’s revenue for the quarter was down 8.1% compared to the same quarter last year. On average, analysts expect Worthington Enterprises to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Worthington Enterprises Trading Up 1.6 %

NYSE WOR opened at $41.46 on Tuesday. The company has a market cap of $2.07 billion, a price-to-earnings ratio of 49.95 and a beta of 1.21. Worthington Enterprises has a twelve month low of $37.88 and a twelve month high of $69.96. The company has a quick ratio of 2.50, a current ratio of 3.56 and a debt-to-equity ratio of 0.32. The business’s fifty day moving average is $41.72 and its 200 day moving average is $41.44.

Wall Street Analyst Weigh In

WOR has been the topic of several research reports. Seaport Res Ptn upgraded Worthington Enterprises to a “strong-buy” rating in a report on Wednesday, January 29th. Canaccord Genuity Group boosted their target price on shares of Worthington Enterprises from $46.00 to $49.00 and gave the stock a “hold” rating in a report on Thursday, December 19th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $46.00.

About Worthington Enterprises

Worthington Enterprises, Inc operates as an industrial manufacturing company. It operates through three segments: Building Products, Consumer Products, and Sustainable Energy Solutions. The Building Products segment sells refrigerant and LPG cylinders, well water and expansion tanks, fire suppression tanks, chemical tanks, and foam and adhesive tanks for gas producers, and distributors.