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Stock impact report

Why Myers Industries, Sonic Automotive, and Affiliated Managers Group Jumped Today [The Motley Fool]

Myers Industries, Inc (MYE)  More Company Research Source: The Motley Fool
Last myers industries, inc earnings: 5/8 06:30 am Check Earnings Report
PDF Positive earnings news sent these three stocks higher. Here's what investors need to know. Major stock benchmarks fell on Monday as corporate earnings season continued, led by a steep pullback in the technology sector. But positive earnings news helped individual stocks march higher, including Myers Industries ( NYSE:MYE ) , Sonic Automotive ( NYSE:SAH ) , and Affiliated Managers Group ( NYSE:AMG ) . Read on to learn why. Image source: Getty Images. Myers Industries' bottom-line beat Shares of Myers Industries popped 15.6% after the tire equipment and polymer products leader delivered stronger-than-expected second-quarter 2018 earnings. Quarterly net sales grew 3.9% year over year to $140.6 million, which translated to adjusted (non- GAAP ) net income from continuing operations of $9.1 million, or $0.27 per share. Analysts, on average, were looking for lower earnings of $0.25 per share, albeit on revenue of $144.3 million.  We are pleased with t [Read more]
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