Myers Industries Announces Third Quarter 2024 Results
Myers Industries, Inc. (MYE)
Last myers industries, inc. earnings: 3/3 06:30 am
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US:NYSE Investor Relations:
investor.myersindustries.com/investor-relations/default.aspx
Company Research
Source: Business Wire
Improved gross margins and adjusted EBITDA driven by strong performance of Signature SystemsOngoing demand headwinds within certain end markets expected for the remainder of 2024Continued focus on cost reduction; additional $15 million of annualized run rate cost savings targeted by 2025Full-year guidance revised to $0.92 - $1.02 for adjusted earnings per share AKRON, Ohio--(BUSINESS WIRE)--Myers Industries Inc. (NYSE: MYE), a leading manufacturer of a wide range of polymer and metal products and distributor for tire, wheel, and under vehicle service industry, today announced results for the third quarter ended September 30, 2024.Third Quarter 2024 Financial HighlightsNet sales of $205.1 million compared with $197.8 million in the prior-year periodNet Income (loss) of $(10.9) million, compared to $12.7 million in the prior-year period inclusive of a non-cash goodwill impairment charge of $22.0 millionAdjusted EBITDA of $30.7 million, compared to $25.6 million in the prior-year peri
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News
- Myers Industries, Inc. (NYSE: MYE) was downgraded by analysts at KeyCorp from an "overweight" rating to a "sector weight" rating.MarketBeat
- Myers Industries Third Quarter 2024 Earnings: Misses Expectations [Yahoo! Finance]Yahoo! Finance
- Myers Industries Inc (MYE) Q3 2024 Earnings Call Highlights: Navigating Growth Amidst Market ... [Yahoo! Finance]Yahoo! Finance
- Myers Tire Supply to Showcase MTS Xpress at the 2024 SEMA Show [Yahoo! Finance]Yahoo! Finance
- Myers Tire Supply to Showcase MTS Xpress at the 2024 SEMA ShowBusiness Wire
MYE
Earnings
- 3/5/24 - Beat
MYE
Sec Filings
- 11/12/24 - Form SC
- 11/4/24 - Form 10-Q
- 11/4/24 - Form 8-K
- MYE's page on the SEC website