Worthington Industries Inc. Announces 15% Drop In Q2 Bottom Line

(RTTNews) - Worthington Industries Inc. (WOR) reported earnings for second quarter that lost ground from last year.

The company said its earnings fell to $39.4 million, or $0.62 per share. This was lower than $46.6 million, or $0.72 per share, in last year's second quarter.

The company said revenue for the quarter rose 19.7% to $871.3 million. This was up from $727.8 million last year.

Worthington Industries Inc. earnings at a glance:

-Earnings (Q2): $39.4 Mln. vs. $46.6 Mln. last year. -Earnings Decline (Y-o-Y): -15.5% -EPS (Q2): $0.62 vs. $0.72 last year. -EPS Decline (Y-o-Y): -13.9% -Revenue (Q2): $871.3 Mln vs. $727.8 Mln last year. -Revenue Change (Y-o-Y): 19.7%