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

Myers Industries

03/08/2023 14:33

* Myers Industries Inc  MYE.N  reported quarterly adjusted
earnings of 35 cents​​ per share for the quarter ended in June.
The mean expectation of two analysts for the quarter was
for earnings of 35 cents per share.
    * Revenue fell 10.6% to $208.45 million from a year ago;
analysts
expected $222.86 million. 
    * Myers Industries Inc's reported EPS for the quarter was 29
cents​.
    * The mean earnings estimate of analysts had fallen by
about 16.7%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Myers Industries Inc shares had risen by 1.0% this
quarter and
lost 11.7% so far this year.
    * The company reported quarterly net income of $10.61
million.
    * Wall Street's median 12-month price target for Myers
Industries
Inc is $25.38 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 3 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.35           0.35           Met
 Mar. 31 2023      0.36           0.38           Beat
 Dec. 31 2022      0.29           0.32           Beat
 Sep. 30 2022      0.33           0.41           Beat