Worthington EPS beats by $0.26, beats on revenue
Seeking Alpha2021-12-16
- Worthington(NYSE:WOR): Q2 Non-GAAP EPS of $2.12beats by $0.26; GAAP EPS of $2.15beats by $0.57.
- Revenue of $1.2B (+64.1% Y/Y)beats by $10M.
- “We are optimistic that we will continue to see healthy demand across our key end markets, and we are very excited to have recently closed on our largest acquisition to date with the purchase of Tempel Steel. The addition of Tempel makes us a global leader in the electrical steel market complementing our existing sustainable mobility offerings in lightweighting and hydrogen and positioning us to more widely serve rapidly growing global markets for electric vehicles and electricity infrastructure,” said President and CEO Andy Rose.
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