Worthington's Earnings: A Key Indicator for Industrial Machinery Stocks
Update: 2025-12-15
Description
Worthington, a leading industrial manufacturing company, is set to reveal its latest financial results this Tuesday, following a quarter where it surpassed revenue expectations by 1.4%. Analysts predict a 13.3% year-over-year revenue growth to $310.6 million, marking a significant turnaround from last years decrease. Despite mixed performance in the previous quarter, Worthingtons results could set the tone for other industrial machinery stocks as it heads into earnings with an average analyst price target of $68.20, eleven points above its current share price.
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