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
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-0,16 %
Die Worthington Industries Inc. Aktie ist etwas beliebter: Mehr Buy- (3) als Sell-Einschätzungen (0).
Das Kursziel von 59 € für Worthington Industries Inc. weist auf eine potenzielle Steigerung von über 20% gegenüber dem aktuellen Kurs von 49.1 € hin.
