Myers Industries (NYSE:MYE) First Quarter 2025 Results
Key Financial Results
- Revenue: US$206.8m (flat on 1Q 2024).
- Net income: US$6.81m (up 94% from 1Q 2024).
- Profit margin: 3.3% (up from 1.7% in 1Q 2024).
- EPS: US$0.18 (up from US$0.095 in 1Q 2024).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Myers Industries EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 5.3%.
Looking ahead, revenue is forecast to grow 1.7% p.a. on average during the next 2 years, compared to a 6.6% growth forecast for the Packaging industry in the US.
Performance of the American Packaging industry.
The company's shares are up 13% from a week ago.
Risk Analysis
We should say that we've discovered 4 warning signs for Myers Industries (1 shouldn't be ignored!) that you should be aware of before investing here.
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