Myers Industries (MYE) Tops Q1 EPS by 2c

Go back to Myers Industries (MYE) Tops Q1 EPS by 2c

Myers Industries Reports 2017 First Quarter Results

May 8, 2017 7:30 AM EDT

Strong cash flow growth driven by working capital and capital spending discipline

AKRON, Ohio--(BUSINESS WIRE)-- Myers Industries, Inc. (NYSE: MYE) today announced results for the first quarter ended March 31, 2017.

First Quarter 2017 Business Highlights

Net sales decreased 6.3% (or 7.2% excluding currency fluctuation) compared to the first quarter of 2016 Gross profit margin of 29.6% compared to 31.9% in the first quarter of 2016 GAAP net income per diluted share from continuing operations of $0.10, compared to $(0.11) in the first quarter of 2016... More