Myers Industries Inc MYE.N reported quarterly adjusted earnings of 31 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 39 cents. The lone analyst forecast for the quarter was for earnings of 32 cents per share.
Revenue fell 4.8% to $209.58 million from a year ago; analysts expected $220.60 million.
Myers Industries Inc's reported EPS for the quarter was 26 cents.
The company reported quarterly net income of $9.71 million.
Myers Industries Inc shares had risen by 1.0% this quarter and gained 32.6% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 3% 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 $21.00, about 30.3% above its last closing price of $14.64
This summary was machine generated from LSEG data July 31 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)