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Stock impact report

Myers Industries Reports 2019 Third Quarter Results

Myers Industries, Inc. (MYE) 
Last myers industries, inc. earnings: 3/3 06:30 am Check Earnings Report
Company Research Source: Business Wire
Updates Full-Year Outlook AKRON, Ohio--(BUSINESS WIRE)--Myers Industries, Inc. (NYSE: MYE), a manufacturer of polymer products for industrial, agricultural, automotive, commercial and consumer markets, today announced results for the third quarter ended September 30, 2019.Third Quarter 2019 Financial HighlightsGAAP income per diluted share from continuing operations was $0.15, compared to a loss of $0.60 for the third quarter of 2018, which included a charge of $33.3 million related to the 2015 sale of the Company’s Lawn and Garden business; adjusted income per diluted share from continuing operations was $0.15, which was flat compared to the third quarter of 2018Net sales decreased 7.2% to $125.5 millionAdjusted operating income increased 7.9% to $8.5 million, despite a $3.5 million charge for estimated product replacement costs related to a manufacturing defect in certain boxes produced within the Material Handling Segment in 2019Generated cash flow from continuing operations of Show less Read more
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