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Stock impact report

Myers Industries Reports 2019 Second Quarter Results [Reuters]

Myers Industries, Inc. (MYE) 
Last myers industries, inc. earnings: 3/3 06:30 am Check Earnings Report
Company Research Source: Reuters
Myers Industries Inc (MYE.N) Key Developments | Reuters.com May 8 (Reuters) - Myers Industries Inc ::MYERS INDUSTRIES REPORTS 2019 FIRST QUARTER RESULTS.Q1 ADJUSTED EARNINGS PER SHARE $0.23 FROM CONTINUING OPERATIONS.Q1 GAAP EARNINGS PER SHARE $0.19 FROM CONTINUING OPERATIONS.Q1 EARNINGS PER SHARE ESTIMATE $0.19 -- REFINITIV IBES DATA.REAFFIRMS FY 2019 ADJUSTED EARNINGS PER SHARE VIEW $0.75 TO $0.85 FROM CONTINUING OPERATIONS.REAFFIRMS FY 2019 GAAP EARNINGS PER SHARE VIEW $0.70 TO $0.80 FROM CONTINUING OPERATIONS.Q1 NET SALES DECREASED 8.8% COMPARED TO Q1 OF 2018.FOR FISCAL YEAR 2019, COMPANY ANTICIPATES TOTAL REVENUE WILL BE FLAT ON A CONSTANT CURRENCY BASIS COMPARED TO PRIOR YEAR.MYERS INDUSTRIES -QTRLY NET SALES IN MATERIAL HANDLING SEGMENT DECREASED DUE TO MORE NORMALIZED SEED BOX DEMAND AND CONTINUED DECLINE IN RV MARKET.EXPANDED ENTERPRISE GROSS PROFIT MARGIN BY 180 BPS TO 32.7% AND ADJUSTED OPERATING INCOME BY 6.2% IN QUARTER.QTRLY NET SALES$139.1 MILLION VERSUS $152.6 MILLION. Show less Read more
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