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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...

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