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Stock impact report

Myers Industries Inc (MYE) Q3 2024 Earnings Call Highlights: Navigating Growth Amidst Market ... [Yahoo! Finance]

Myers Industries, Inc. (MYE) 
Last myers industries, inc. earnings: 3/3 06:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
Adjusted Gross Margin: 32.4%, up from 31.7% in 2023. SG&A Expenses: $47.7 million, a 9.1% increase year-over-year. Operating Income: Loss of $4.8 million compared to $18.7 million in Q3 2023. Adjusted Operating Income: $20.5 million, up from $20 million in Q3 2023. Adjusted EBITDA: $30.7 million, up from $25.6 million in the prior year quarter. Adjusted EBITDA Margin: 15%, compared to 13% in Q3 2023. Diluted Adjusted EPS: $0.25, down from $0.38 in Q3 2023. Material Handling Segment Sales: Increased by 13.8% to $18.2 million. Distribution Segment Sales: Decreased by 16.8% to $54.4 million. Free Cash Flow: $10.1 million, down from $18.1 million in Q3 2023. Capital Expenditures: $7.2 million for the quarter. Debt Paydown: $13 million during the quarter. Updated Full-Year Guidance: Adjusted EPS range of $0.92 to $1.02. Warning! GuruFocus has detected 3 Warning Signs with MYE. Release Date: November 04, 2024 For the complete transcript of the earnings call, p Show less Read more
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