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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: Lucrative who wrote (64318)10/2/1999 11:37:00 PM
From: Jenna  Respond to of 120523
 
WTHG..the silent earnings play
209.238.58.46
reaches 52 week high on nice volume. WTHG was consolidating for weeks before showing anticipation day before its report on 9/21 from 14 to 14.75. It continued until reaching a high of 17 1/2 on Friday.

Worthington Industries Reports First Quarter Results: Earnings Per Share Up 50%

COLUMBUS, Ohio, Sept. 22 /PRNewswire/ -- Worthington Industries, Inc. (Nasdaq: WTHG) today reported results for the three months ended August 31, 1999. For the quarter, earnings per diluted share from continuing operations were 0.27, an increase of 50 from 0.18 last year.

For the fiscal 2000 first quarter, earnings were 24.3 million compared to 17.7 million from continuing operations for the same period a year ago. Earnings from continuing operations increased 37 and, per share, grew 50 due to a reduced share count in the comparative quarters. Earnings rose due to strong demand in all segments and favorable material costs.