Myers Industries Inc reports results for the quarter ended in January - Earnings Summary

Myers Industries

07/05/2024 14:32

* Myers Industries Inc  MYE.N  reported quarterly adjusted
earnings of 21 cents​​ per share for the quarter ended in
January, lower than the same quarter last year, when the company
reported EPS of 38 cents.  The lone analyst forecast for the
quarter was for earnings of 32 cents per share. 
    * Revenue fell 4% to $207.10 million from a year ago;
analysts
expected $241.80 million. 
    * Myers Industries Inc's reported EPS for the quarter was 9
cents​.
    * The company reported quarterly net income of $3.5 million.
    * Myers Industries Inc shares had fallen by 0.8% this
quarter and
gained 17.6% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 18.5%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Myers
Industries
Inc is $30.00 

This summary was machine generated from LSEG data May 7 at 01:32
p.m. UTC. ​All figures in US dollars unless otherwise stated.
(For questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2024      0.32           0.21           Missed
 Dec. 31 2023      0.26           0.29           Beat
 Sep. 30 2023      0.44           0.38           Missed
 Jun. 30 2023      0.35           0.35           Met