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

Myers Industries

04/05/2023 14:31

* Myers Industries Inc  MYE.N  reported quarterly adjusted
earnings of 38 cents​​ per share for the quarter ended in March.
The mean expectation of two analysts for the quarter was
for earnings of 36 cents per share.
    * Revenue fell 4.3% to $215.74 million from a year ago;
analysts
expected $229.65 million. 
    * Myers Industries Inc's reported EPS for the quarter was 35
cents​.
    * The mean earnings estimate of analysts had fallen by
about 26.5%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Myers Industries Inc shares had fallen by 12.1% this
quarter and
lost 15.3% so far this year.
    * The company reported quarterly net income of $12.98
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 May
4 at 01:30 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.36           0.38           Beat
 Dec. 31 2022      0.29           0.32           Beat
 Sep. 30 2022      0.33           0.41           Beat
 Jun. 30 2022      0.38           0.45           Beat