Worthington Industries, Inc. (WOR) CEO John McConnell on Q4 2020 Results - Earnings Call Transcript

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Q4: 2020-06-25 Earnings Summary

EPS of $0.48 beats by $0.23
 | Revenue of $611.63M (-34.85% Y/Y) misses by $41.37M

Worthington Industries, Inc. (NYSE:WOR) Q4 2020 Earnings Conference Call June 25, 2020 10:30 AM ET

Company Participants

Marcus Rogier - Treasurer and Investor Relations Officer
John McConnell - Chairman and Chief Executive Officer
Andy Rose - President
Joe Hayek - Chief Financial Officer

Conference Call Participants

Seth Rosenfeld - Exane BNP
Phil Gibbs - KeyBanc Capital Markets
John Tumazos - John Tumazos Very Independent Research
Edward Collery - SC Fundamental

Operator

Good morning and welcome to the Worthington Industries Fourth Quarter and Fiscal Year End 2020 Earnings Conference Call. All participants will be able to listen-only until the question-and-answer session of the call. This conference is being recorded at the request of Worthington Industries. If anyone objects, you may disconnect at this time.

I would now like to introduce Marcus Rogier, Treasurer and Investor Relations Officer. Mr. Rogier, you may begin.

Marcus Rogier

Thank you, Christine. Good morning, everyone and welcome to Worthington Industries fourth quarter fiscal 2020 earnings call. On our call this morning, we have John McConnell, Worthington’s Chairman and Chief Executive Officer; Andy Rose, Worthington’s President; and our Chief Financial Officer, Joe Hayek.

Before we get started, I’d like to remind everyone that certain statements made today are forward-looking within the meaning of the 1995 Private Securities Litigation Reform Act. These statements are subject to risks and uncertainties and could cause actual results to differ from those suggested.

We issued our earnings release earlier this morning. Please refer to it for more detail on those factors that could cause actual results to differ materially. Today’s call is being recorded and a replay will be made available later on our worthingtonindustries.com website.

At this point, I will turn the call over to John for some opening comments.

John McConnell

Thank you, Marcus. As you read in our announcement last night, I

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