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Worthington Enterprises Q3 2023 Earnings Report

Worthington Enterprises logo
$40.78 -0.44 (-1.07%)
(As of 12/20/2024 05:31 PM ET)

Worthington Enterprises EPS Results

Actual EPS
$2.06
Consensus EPS
$2.04
Beat/Miss
Beat by +$0.02
One Year Ago EPS
$1.61

Worthington Enterprises Revenue Results

Actual Revenue
$1.19 billion
Expected Revenue
$1.23 billion
Beat/Miss
Missed by -$32.24 million
YoY Revenue Growth
-15.30%

Worthington Enterprises Announcement Details

Quarter
Q3 2023
Time
After Market Closes

Conference Call Resources

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Worthington Enterprises Earnings Headlines

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About Worthington Enterprises

Worthington Enterprises (NYSE:WOR) 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. The Consumer Products segment provides products in the tools, outdoor living, and celebrations end markets. Its products include propane-filled cylinders for torches, camping stoves and other applications, LPG cylinders, handheld torches, helium-filled balloon kits, specialized hand tools and instruments, and drywall tools and accessories This segment sells its products primarily to mass merchandisers, retailers, and distributors under the Coleman, Bernzomatic, Balloon Time, Mag-Torch, General, Garden-Weasel, Pactool International, Hawkeye, Worthington Pro Grade, and Level5 brands. The Sustainable Energy Solutions segment sells onboard fueling systems and services, as well as gas containment solutions and services for storage, transport, and distribution of industrial gases. It includes high pressure and acetylene cylinders for life support systems and alternative fuel cylinders used to hold CNG and hydrogen for automobiles, buses, and light-duty trucks. The company was formerly known as Worthington Industries, Inc. Worthington Enterprises, Inc. was founded in 1955 and is headquartered in Columbus, Ohio.

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