Myers Industries Q4 adjusted operating income up on favorable pricing, lower SG&A

Myers Industries

05/03/2026 12:10

Overview

Plastic and metal products maker's Q4 adjusted operating income rises

Company reduced annualized costs by $20 mln in 2025

Outlook

Myers Industries expects moderate growth in Industrial segment in 2026

Company forecasts strong growth in Infrastructure segment for 2026

Myers Industries anticipates stable conditions in Vehicle and Consumer segments in 2026

Result Drivers

MATERIAL HANDLING - Improved margins driven by favorable mix and reduced SG&A expenses

DISTRIBUTION SEGMENT - Operating income increased due to favorable pricing and SG&A reductions

PORTFOLIO REALIGNMENT - Exiting low-margin products and focusing on core businesses

Company press release: ID:nBwPL2hla

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
Slight Beat*
$203.97 mln
$202.40 mln (1 Analyst)
Q4 EPS
$0.30
Q4 Net Income
$11.33 mln
Q4 Adjusted EBITDA
Beat
$32.13 mln
$28.30 mln (1 Analyst)
Q4 Adjusted operating income
Beat
$22.50 mln
$18.50 mln (1 Analyst)
Q4 Gross Profit
$67.74 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The one available analyst rating on the shares is "buy"

The average consensus recommendation for the non-paper containers & packaging peer group is "buy"

Wall Street's median 12-month price target for Myers Industries Inc is $26.00, about 19.4% above its March 4 closing price of $21.77

The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 13 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)