Worthington Enterprises (WOR) Projected to Post Quarterly Earnings on Tuesday

Worthington Enterprises (NYSE:WOR - Get Free Report) is expected to be announcing its earnings results after the market closes on Tuesday, March 25th. Analysts expect the company to announce earnings of $0.73 per share and revenue of $289.09 million for the quarter. Parties interested in participating in the company's conference call can do so using this link.

Worthington Enterprises (NYSE:WOR - Get Free Report) last posted its quarterly earnings data on Tuesday, December 17th. The industrial products company reported $0.60 EPS for the quarter, beating the consensus estimate of $0.52 by $0.08. The business had revenue of $274.05 million for the quarter, compared to analysts' expectations of $273.77 million. Worthington Enterprises had a net margin of 3.66% and a return on equity of 14.70%. The firm's revenue was down 8.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.78 EPS. 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 Stock Down 4.1 %

WOR stock traded down $1.69 during trading hours on Friday, reaching $39.60. 697,875 shares of the stock were exchanged, compared to its average volume of 263,749. The company has a market cap of $1.98 billion, a price-to-earnings ratio of 47.58 and a beta of 1.21. The firm's 50-day moving average is $41.81 and its 200-day moving average is $41.40. Worthington Enterprises has a 12 month low of $37.88 and a 12 month high of $69.96. The company has a debt-to-equity ratio of 0.32, a current ratio of 3.56 and a quick ratio of 2.50.

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Wall Street Analyst Weigh In

WOR has been the subject of a number of recent research reports. Seaport Res Ptn raised Worthington Enterprises to a "strong-buy" rating in a research report on Wednesday, January 29th. Canaccord Genuity Group boosted their price objective on shares of Worthington Enterprises from $46.00 to $49.00 and gave the stock a "hold" rating in a research report on Thursday, December 19th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price 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.