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. Stock
€46.22
4.470%
Our community is currently low on Worthington Industries Inc. with 1 Buy predictions and 3 Sell predictions.
With a target price of 42 € there is a slightly negative potential of -9.13% for Worthington Industries Inc. compared to the current price of 46.22 €.