Worthington Industries Inc. Reports 20% Increase In Q3 Profit

(RTTNews) - Worthington Industries Inc. (WOR) revealed earnings for its third quarter that climbed compared to the same period last year.

The company said its bottom line advanced to $35.9 million, or $0.55 per share. This was higher than $29.8 million, or $0.47 per share, in last year's third quarter.

Analysts had expected the company to earn $0.64 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 8.7% to $703.4 million. This was up from $647.1 million last year.

Worthington Industries Inc. earnings at a glance:

-Earnings (Q3): $35.9 Mln. vs. $29.8 Mln. last year. -Earnings Growth (Y-o-Y): 20.5% -EPS (Q3): $0.55 vs. $0.47 last year. -EPS Growth (Y-o-Y): 17.0% -Analysts Estimate: $0.64 -Revenue (Q3): $703.4 Mln vs. $647.1 Mln last year. -Revenue Change (Y-o-Y): 8.7%