Recap: Worthington Industries Q1 Earnings


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Worthington Industries (NYSE:WOR) reported its Q1 earnings results on Thursday, September 29, 2022 at 07:30 AM.

Here's what investors need to know about the announcement.

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Earnings

Worthington Industries beat estimated earnings by 1.9%, reporting an EPS of $1.61 versus an estimate of $1.58.

Revenue was up $298.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.75 which was followed by a 9.08% increase in the share price the next day.

Here's a look at Worthington Industries's past performance:

 

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.83 1.37 1.72 1.90
EPS Actual 1.58 1.13 2.12 2.46
Revenue Estimate 1.24B 1.29B 1.25B 1.08B
Revenue Actual 1.52B 1.38B 1.23B 1.11B

To track all earnings releases for Worthington Industries visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Posted In: EarningsBZI-Recaps