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Actionable news in WOR: WORTHINGTON INDUSTRIES Inc COMMON SHARES,

Worthington Industries (WOR) Stock Closed Up on Q1 Earnings Beat

NEW YORK (TheStreet) -- Shares of Worthington Industries (WOR) closed higher by 5.92% to $46.89 on heavy trading volume Wednesday after the company posted better-than-anticipated results for the 2017 fiscal first quarter.

Before today's market open, the Worthington, OH-based metals manufacturing company reported adjusted earnings of $1.03 per share, handily topping Wall Street's estimates of 77 cents per share.

But revenue declined 3% to $737.5 million year-over-year and was below analysts' forecasts of $742.8 million.

"We had a strong performance in our first quarter and delivered record earnings...


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