Worthington Posts Strong Results, But Earnings Fall On One-Off Adjustments

By MarketBeat. Originally published at ValueWalk. Reported net sales of $1.5 billion for the first quarter during the fourth quarter. Net earnings came in at $80.3 million, or $1.61 per diluted share. Despite inventory holding losses, Worthington continues to produce strong results as the building and consumer products segments outperformed. Worthington’s products during the third […]

By MarketBeat. Originally published at ValueWalk. Reported net sales of $1.5 billion for the first quarter during the fourth quarter. Net earnings came in at $80.3 million, or $1.61 per diluted share. Despite inventory holding losses, Worthington continues to produce strong results as the building and consumer products segments outperformed. Worthington’s products during the third quarter were...

Source

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
 

Business

Complete coverage of business news in the Twin Cities, Minnesota and elsewhere, including Fortune 500 Minnesota companies: UnitedHealth Group, Target, Best Buy, 3M, CHS, U.S. Bancorp, General Mills, C.H. Robinson, Land O’Lakes, Ecolab, Ameriprise Financial, Xcel Energy, Hormel Foods, Thrivent Financial, Polaris, Securian Financial Group, Fastenal and Patterson Cos.