Myers Industries Announces First Quarter 2024 Results
Myers Industries, Inc. (MYE)
Last myers industries, inc. earnings: 3/3 06:30 am
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US:NYSE Investor Relations:
investor.myersindustries.com/investor-relations/default.aspx
Company Research
Source: Business Wire
Newly acquired Signature Systems delivers strong results due to Infrastructure tailwinds.Management maintains full-year outlook guiding to lower end of earnings-per-share range, based on Q1 results and weakness in Automotive Aftermarket, Vehicle and Consumer end markets.Additional Self-Help actions to be taken in near term to improve EBITDA while executing five-year roadmap as outlined during recent Investor Day. AKRON, Ohio--(BUSINESS WIRE)--Myers Industries Inc. (NYSE: MYE), a leading manufacturer of a wide range of polymer and metal products and distributor for the tire, wheel and under-vehicle service industry, today announced results for the first quarter ended March 31, 2024.First Quarter 2024 Financial HighlightsNet sales of $207.1 million compared with $215.7 million in the prior-year periodGAAP gross margin of 31.0%, down 190 basis points versus the prior-year periodAdjusted gross margin of 32.7%, down 30 basis points versus the prior-year periodGAAP net income per diluted
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MYE
News
- Myers Industries, Inc. (NYSE: MYE) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Myers Industries, Inc. Just Missed EPS By 72%: Here's What Analysts Think Will Happen Next [Yahoo! Finance]Yahoo! Finance
- Myers Industries, Inc. (NYSE: MYE) was downgraded by analysts at StockNews.com from a "strong-buy" rating to a "buy" rating.MarketBeat
- Myers Industries, Inc. (NYSE:MYE) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Myers Industries Announces First Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
MYE
Earnings
- 3/5/24 - Beat
MYE
Sec Filings
- 5/17/24 - Form 4
- 5/17/24 - Form S-3/A
- 5/13/24 - Form 4
- MYE's page on the SEC website