Worthington Industries Inc. Reveals 29% Decline In Q1 Profit

(RTTNews) - Worthington Industries Inc. (WOR) revealed earnings for first quarter that declined from last year.

The company said its earnings came in at $31.41 million, or $0.48 per share. This was lower than $44.17 million, or $0.63 per share, in last year's first quarter.

The company said revenue for the quarter fell 12.1% to $758.15 million. This was down from $862.41 million last year.

Worthington Industries Inc. earnings at a glance:

-Earnings (Q1): $31.41 Mln. vs. $44.17 Mln. last year.
-Earnings Decline (Y-o-Y): -28.9%
-EPS (Q1): $0.48 vs. $0.63 last year.
-EPS Decline (Y-o-Y): -23.8%
-Revenue (Q1): $758.15 Mln vs. $862.41 Mln last year.
-Revenue Change (Y-o-Y): -12.1%