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0 -0.000731885825811201 -0.0021956574774336 -0.00561112466455225 -0.00365942912905583 0.0100024396194193 0.0114662112710417 0.0114662112710417
Stock impact report

Myers Industries Stock on Track for Largest Percentage Increase in Over a Year [MarketWatch]

Myers Industries, Inc. (MYE) 
Last myers industries, inc. earnings: 3/3 06:30 am Check Earnings Report
Company Research Source: MarketWatch
manufacturer reported fourth-quarter earnings above analysts' estimates and guided for improved profitability in the quarters ahead. The stock increased 6%, to $20.54, during Tuesday afternoon trading and is on track for its highest close since April 3. Advertisement The Akron, Ohio-based company reported fourth-quarter earnings of $12.5 million, or 34 cents a share, compared with $13.4 million, or 36 cents in the year-ago quarter. Adjusted for certain one-time items, Myers Industries reported earnings of 29 cents a share compared with 32 cents a share a year ago. Analysts expected 27 cents a share. Fourth-quarter revenue decreased to $191.1 million from $212.8 million year over year. Analysts expected $196.2 million. For fiscal 2024, Myers anticipates net sales growth between 15% and 20% from $813.1 million in 2023, a 9.6% drop from the prior year. Myers anticipates adjusted earnings for fiscal 2024 to be between $1.03 and $1.23 a share. Analysts polled by FactSet expec Show less Read more
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