Myers Industries (MYE) Misses Q1 EPS by 10c, provides guidance

Myers Industries (NYSE: MYE) reported Q1 EPS of $0.21, $0.10 worse than the analyst estimate of $0.31. Revenue for the quarter came in at $207.1 million versus the consensus estimate of $239.24 million.

GUIDANCE:

Myers Industries sees FY2024 EPS of $1.30-$1.45, versus the consensus of $1.37.
Net income per diluted share in the range of $1.05 to $1.22.
Capital expenditures in the range of $35 million to $40 million.
Effective tax rate to approximate 25%.

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

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