Myers Industries Sees FY23 Capital Expenditures $25M-$30M
Portfolio Pulse from Benzinga Newsdesk
Myers Industries has projected its capital expenditures for the fiscal year 2023 to be between $25M and $30M.
August 04, 2023 | 1:18 pm
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NEUTRAL IMPACT
Myers Industries has announced its capital expenditure forecast for FY23, expecting to spend between $25M and $30M.
The announcement of capital expenditure for FY23 by Myers Industries is a significant financial decision. However, it's not clear whether this will lead to an increase or decrease in the company's stock price in the short term, as it depends on various factors such as the company's financial health, market conditions, and investor sentiment.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100