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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) 
Last myers industries, inc. earnings: 3/3 06:30 am Check Earnings Report
Company Research Source: The Motley Fool
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 Show less Read more
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