Myers Industries (MYE) Misses Q2 EPS by 2c
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Myers Industries Reports 2016 Second Quarter Results
August 3, 2016 7:30 AM EDT
GAAP EPS of $0.19; Adjusted EPS of $0.21
Company
Maintained Gross Margin despite Volume and Revenue Declines
AKRON, Ohio--(BUSINESS WIRE)-- Myers Industries, Inc. (NYSE: MYE) today announced results for the second quarter ended June 30, 2016.
Second Quarter 2016 Business Highlights
Net sales decreased 12% (or 11% organic) compared to the second quarter of 2015 Gross profit margin 30.9%, compared to 30.8% for the second quarter of 2015 GAAP income per diluted share from continuing operations $0.19, compared to $0.35 for the second quarter of 2015... More