Myers Indus Q3 EPS $0.38 Misses $0.43 Estimate, Sales $197.80M Miss $220.74M Estimate
Portfolio Pulse from Benzinga Newsdesk
Myers Indus (NYSE:MYE) reported Q3 earnings of $0.38 per share, missing the analyst consensus estimate of $0.43 by 11.63%. The company also reported quarterly sales of $197.80 million, missing the analyst consensus estimate of $220.74 million by 10.39%. This represents a decrease in earnings and sales compared to the same period last year.
November 01, 2023 | 10:37 am
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Myers Indus reported lower than expected Q3 earnings and sales, which could negatively impact its stock price.
Myers Indus reported lower than expected earnings and sales for Q3. This underperformance could lead to a decrease in its stock price as it indicates that the company may be struggling to meet its financial targets.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100