Myers Industries (MYE) Tops Q2 EPS by 8c, provides guidance

Myers Industries (NYSE: MYE) reported Q2 EPS of $0.39, $0.08 better than the analyst estimate of $0.31. Revenue for the quarter came in at $220.2 million versus the consensus estimate of $241.1 million.

GUIDANCE:

Myers Industries sees FY2024 EPS of $1.05-$1.20, versus the consensus of $1.28.
Net sales growth of 5% to 10%
Net income per diluted share in the range of $0.76 to $0.91
Capital expenditures in the range of $30 million to $35 million
Effective tax rate to approximate 26%

For earnings history and earnings-related data on Myers Industries (MYE) click here.

You May Also Be Interested In

• Corning (GLW) files for up to $2B offering of common shares
• Roblox announces standalone apps, browser play, and creator wallet
• Trilogy Metals closes $35.6M investment from U.S. Department of War