Worthington Industries, Inc. (NYSE: WOR) steel-processing and metal-products company declares earnings for fiscal first quarter, profits for the quarter surged 32% as company posted enlarged sales in its pressured cylinder business, and enhanced profit margins.
Company’s chief executive said that company has some slackening in the automotive, agriculture and mining issues.
WOR also declared a quarterly cash dividend priced at $0.13 per share, dividend will be payable December 28, 2012.
Worthington Industries, Inc. (NYSE:WOR) trade with volume of 1,127,300 shares in last session was unexpectedly higher versus average trading capacity of 654,683.00 shares. The stock at opening bell was at $22.40 gained the maximum price level of $22.43 and then finished the day at $22.06 by scoring -1.56%.
WOR remained successful in generating revenue of 2.53 billion in the trailing twelve months and made net income of $115.60 million. The Company maintained a positive 4.95% for the net profit margin and in its operating margin it had 4.01%. Company’s yearly revenue increase for the last five year was -3.13%.
The WOR painted price to sales ratio of 0.60 and price to cash ratio at 37.30 for past 12 months. As far as the returns from the company is concern, return on asset remained as +7.07%.
The stock showed downbeat performance of -6.21% for the week which for the last 21 trading days was maintained at +4.50%. Likewise the positive performance for the trailing 3 months was recorded as +15.62% and in last 252 trading days which equals to a year was 62.80% while the performance so far in current year remained at +37.36%.
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