Worthington Enterprises (WOR) Projected to Post Earnings on Tuesday

Worthington Enterprises (NYSE:WOR) is projected to issue its quarterly earnings data 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 that wish to register for the company’s conference call can do so using this link.

Worthington Enterprises (NYSE:WOR) last posted its quarterly earnings data on Tuesday, December 17th. The industrial products company reported $0.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.52 by $0.08. Worthington Enterprises had a net margin of 3.66% and a return on equity of 14.70%. The firm had revenue of $274.05 million during the quarter, compared to the consensus estimate of $273.77 million. During the same quarter in the previous year, the firm posted $0.78 EPS. The business’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 Stock Up 1.6 %

NYSE WOR opened at $41.46 on Tuesday. The company has a current ratio of 3.56, a quick ratio of 2.50 and a debt-to-equity ratio of 0.32. The company has a market cap of $2.07 billion, a price-to-earnings ratio of 49.95 and a beta of 1.21. The company has a 50 day moving average of $41.72 and a 200-day moving average of $41.44. Worthington Enterprises has a 1-year low of $37.88 and a 1-year high of $69.96.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on WOR. Seaport Res Ptn raised Worthington Enterprises to a “strong-buy” rating in a report on Wednesday, January 29th. Canaccord Genuity Group upped 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 research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $46.00.

Worthington Enterprises Company Profile

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.