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
€44.88
-0.310%
Based on 3 Buy predictions and 2 Sell predictions the sentiment towards Worthington Industries Inc. is rather balanced.
On the other hand, the target price of 41 € is below the current price of 44.88 € for Worthington Industries Inc., so the potential is actually -8.65%.
