Myers Industries (MYE) Misses Q4 EPS by 5c, Offers FY Guidance

Myers Industries (NYSE: MYE) reported Q4 EPS of $0.11, $0.05 worse than the analyst estimate of $0.16. Revenue for the quarter came in at $137.5 million versus the consensus estimate of $128.83 million.

GUIDANCE:

Myers Industries sees FY2021 EPS of $0.90-$1.05, versus the consensus of $1.14.

• Net sales growth in the mid to high 20% range, including impact of the Elkhart acquisition
• Diluted EPS in the range of $0.88 to $1.03; adjusted diluted EPS in the range of $0.90 to $1.05
• Capital expenditures to approximately be $15 million
• Effective tax rate to approximately be 26%

For earnings history and earnings-related data on Myers Industries (MYE) click here.

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