Myers Industries (MYE) Tops Q1 EPS by 9c
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Myers Industries Reports 2016 First Quarter Results
May 2, 2016 7:30 AM EDTFirst quarter adjusted EPS increased to $0.21 and gross margin improved by 260 basis points
AKRON, Ohio--(BUSINESS WIRE)-- Myers Industries, Inc. (NYSE: MYE) today announced results for the first quarter ended March 31, 2016.
Highlights First Quarter 2016
Income per diluted share from continuing operations decreased to a loss of $(0.11) compared to a profit of $0.08 for the first quarter of 2015 Adjusted income per diluted share from continuing operations increased 75% to $0.21 compared to $0.12 for the first quarter of 2015 Net sales decreased 3.3% (or 1.3% organic) compared to... More