Myers Industries (MYE) Misses Q3 EPS by 4c, provides guidance

Myers Industries (NYSE: MYE) reported Q3 EPS of $0.25, $0.04 worse than the analyst estimate of $0.29. Revenue for the quarter came in at $205.1 million versus the consensus estimate of $219.5 million.

GUIDANCE:

Myers Industries sees FY2024 EPS of $0.92-$1.02, versus the consensus of $1.14. Net sales growth of 0% to 5% compared to prior guidance of 5% to 10%. Capital expenditures in the range of $28 million to $32 million compared to prior guidance 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.

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