Why Worthington Industries Stock Was Falling Today
Shares of Worthington Industries (NYSE: WOR) were tumbling today after the industrial manufacturing company posted disappointing top-line results in its fiscal first-quarter earnings report.
As of 10:51 a.m. ET, the stock was down 14.1%.
Worthington, which is a steel processor and manufacturer of pressure cylinders for products like propane, among other product lines, said that revenue fell 15% in the quarter to $1.19 billion, missing estimates at $1.23 billion.
Source Fool.com
Worthington Industries Inc. Aktie
46,22 €
4,47 %
Die Worthington Industries Inc. Aktie zieht etwas negative Aufmerksamkeit auf sich: Mehr Sell- als Buy-Einschätzungen.
Ein negatives Kurspotenzial für Worthington Industries Inc. ist gegeben, mit einem Kursziel von 42 € unter dem aktuellen Kurs von 46.22 €.
