Myers Industries Inc (MYE, Financial) is set to release its Q3 2024 earnings on Nov 4, 2024. The consensus estimate for Q3 2024 revenue is $219.50 million, and the earnings are expected to come in at $0.29 per share. The full year 2024's revenue is expected to be $862.50 million and the earnings are expected to be $0.90 per share. More detailed estimate data can be found on the Forecast page.
Myers Industries Inc (MYE, Financial) Estimates Trends
Revenue estimates for Myers Industries Inc (MYE) have remained steady at $862.50 million for the full year 2024 and at $0.93 billion for 2025 over the past 90 days. Earnings estimates for Myers Industries Inc (MYE) have also remained steady at $0.90 per share for the full year 2024 and at $1.50 per share for 2025 over the past 90 days.
Myers Industries Inc (MYE, Financial) Reported History
In the previous quarter of 2024-06-30, Myers Industries Inc's (MYE) actual revenue was $220.24 million, which missed analysts' revenue expectations of $241.10 million by -8.65%. Myers Industries Inc's (MYE) actual earnings were $0.28 per share, which missed analysts' earnings expectations of $0.31 per share by -9.68%. After releasing the results, Myers Industries Inc (MYE) was up by 4.3% in one day.
Myers Industries Inc (MYE, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 1 analyst, the average target price for Myers Industries Inc (MYE) is $22 with a high estimate of $22 and a low estimate of $22. The average target implies an upside of 86.76% from the current price of $11.78.
Based on GuruFocus estimates, the estimated GF Value for Myers Industries Inc (MYE, Financial) in one year is $21.37, suggesting an upside of 81.41% from the current price of $11.78.
Based on the consensus recommendation from 1 brokerage firm, Myers Industries Inc's (MYE, Financial) average brokerage recommendation is currently 2.0, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
