“We have a positive long-term outlook especially with the recent recalibration of interest rates. Our market-leading products and brands are well-positioned to take advantage of long-term secular trends and should benefit when near-term headwinds subside and demand normalizes,” Rose said. “We are also equipped with a strong balance sheet and the ability to drive long-term growth and reward shareholders as we leverage the Worthington Business System of transformation, innovation and M&A.”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WOR:
- Worthington reports Q1 EPS 50c, consensus 72c
- Worthington Enterprises Declares Quarterly Dividend
- Options Volatility and Implied Earnings Moves Today, September 24, 2024
- Worthington Enterprises Releases 2024 Corporate Citizenship and Sustainability Report
- Options Volatility and Implied Earnings Moves This Week, September 23 – September 26, 2024