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Stock impact report

Myers Industries Inc (MYE) Reports Mixed Financial Results Amid Operational Challenges [Yahoo! Finance]

Myers Industries, Inc. (MYE) 
Last myers industries, inc. earnings: 3/3 06:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
Net Income : GAAP net income per diluted share fell to $1.32 in FY 2023 from $1.64 in FY 2022. Adjusted Earnings : Adjusted earnings per diluted share decreased to $1.39 in FY 2023 from $1.68 in FY 2022. Cash Flow : Operating cash flow increased by $13.6 million and free cash flow increased by $15.0 million in FY 2023. Acquisition : Closed on the acquisition of Signature Systems, expected to enhance long-term margin and EPS growth profiles. 2024 Outlook : Anticipates net sales growth of 15% - 20% and adjusted earnings per diluted share range of $1.30 to $1.45. Warning! GuruFocus has detected 3 Warning Sign with MYE. On March 5, 2024, Myers Industries Inc ( NYSE:MYE ) released its 8-K filing , detailing the financial outcomes for the fourth quarter and full year ended December 31, 2023. The company, a prominent manufacturer of polymer and metal products and distributor for the tire, wheel, and under-vehicle service industry, faced several challenges throughout the year, in Show less Read more
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