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Worthington (WOR) Stock Trades Up, Here Is Why

Published 2024-12-18, 01:19 p/m
© Reuters.  Worthington (WOR) Stock Trades Up, Here Is Why
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What Happened?

Shares of diversified industrial manufacturing company Worthington (NYSE:WOR) jumped 16.8% in the morning session after the company reported strong third-quarter (FQ2 2025) results that exceeded analysts' EPS and EBITDA expectations, while revenue came in roughly in line with Wall Street's estimates. While the top line implied a growth deceleration, this was due to an unfavorable comparison caused by the divestiture of its Sustainable Energy Solutions segment. Zooming out, we think this quarter featured some important positives.

Is now the time to buy Worthington? Find out by reading the original article on StockStory, it’s free.

What The Market Is Telling Us

Worthington’s shares are not very volatile and have only had 8 moves greater than 5% over the last year. Moves this big are rare for Worthington and indicate this news significantly impacted the market’s perception of the business.

Worthington is down 21.9% since the beginning of the year, and at $44.32 per share, it is trading 33.8% below its 52-week high of $66.98 from March 2024. Investors who bought $1,000 worth of Worthington’s shares 5 years ago would now be looking at an investment worth $1,008.

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