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
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-0.570%
Our community is currently high on Worthington Industries Inc. with 3 Buy predictions and 0 Sell predictions.
With a target price of 59 € there is a positive potential of 20.36% for Worthington Industries Inc. compared to the current price of 49.02 €.


