Myers Industries Earnings Preview
Investors hope Myers Industries (NYS: MYE) will top analyst estimates once again after beating predictions by $0.05 in the previous quarter. The company will unveil its latest earnings Thursday. Myers Industries is engaged in the manufacturing of plastic reusable material handling containers and pallets.
What analysts say:
- Buy, sell, or hold?: Half of analysts think investors should stand pat on Myers Industries while the remaining half rate the stock as a buy Half of analysts think investors should stand pat on Myers Industries. Myers Industries' rating hasn't changed over the past three months.
- Wall Street Earnings Expectations: The average analyst estimate is earnings of $0.12 per share. Estimates range from $0.11 to $0.12.
What our community says:
CAPS All-Stars are solidly backing the stock with 92.9% giving it an "outperform" rating. The community at large backs the All-Stars with 89.4% awarding it a rating of "outperform." Fools have embraced Myers Industries, though the message boards have been quiet lately with only 34 posts in the past 30 days. Myers Industries' bearish CAPS rating of two out of five stars falls short of the Fool community sentiment.
The company's revenue has now risen for two straight quarters.
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At the time this article was published