Worthington Industries, Inc. (WOR) CEO Andy Rose on Q3 2021 Results - Earnings Call Transcript

Worthington Industries, Inc. (NYSE:WOR) Q3 2021 Earnings Conference Call March 24, 2021 2:00 PM ET

Company Participants

Marcus Rogier - Treasurer & Investor Relations Officer
Andy Rose - President & Chief Executive Officer
Joe Hayek - Chief Financial Officer

Conference Call Participants

Phil Gibbs - KeyBanc Capital Markets
Tristan Gresser - Exane BNP Paribas
John Tumazos - John Tumazos Very Independent Research

Operator

Good afternoon, and welcome to the Worthington Industries Third Quarter Fiscal 2021 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 the Worthington Industries. If anyone objects, you may disconnect at this time.

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

Marcus Rogier

Thank you, Tamia. Good afternoon, everyone, and welcome to Worthington Industries third quarter fiscal 2021 earnings call. On our call this afternoon, we have Andy Rose, Worthington's President and Chief Executive Officer; and Joe Hayek, Worthington's Chief Financial Officer.

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 that 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 Joe, who will discuss our financial results.

Joe Hayek

Thank you, Marcus. Good afternoon, everyone. In Q3, we reported earnings of $1.27 per share versus $0.27 in the prior year quarter. There were a few unique items in