Earnings Summary

Myers Industries Inc’s revenue fell -10.23% since last year same period to $191.08Mn in the Q4 2023. On a quarterly growth basis, Myers Industries Inc has generated -3.4% fall in its revenue since last 3-months.

Myers Industries Inc’s net profit fell -6.62% since last year same period to $12.54Mn in the Q4 2023. On a quarterly growth basis, Myers Industries Inc has generated -1.63% fall in its net profits since last 3-months.

Myers Industries Inc’s net profit margin jumped 4.02% since last year same period to 6.56% in the Q4 2023. On a quarterly growth basis, Myers Industries Inc has generated 1.83% jump in its net profit margins since last 3-months.

Myers Industries Inc’s price-to-earnings ratio after this Q4 2023 earnings stands at 16.4.

Myers Industries Inc’s earning per share (EPS) estimates for the current quarter stand at 0.32 - a 23.08% jump from last quarter’s estimates.

Myers Industries Inc’s earning per share (EPS) estimates for the current year stand at 0.32.

Myers Industries Inc’s earning per share (EPS) fell -9.38% since last year same period to 0.29 in the Q4 2023. This indicates that the Myers Industries Inc has generated -9.38% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Myers Industries Inc’s return on assets (ROA) stands at 0.07.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Myers Industries Inc’s return on equity (ROE) stands at 0.18.

Myers Industries Inc declared 0.14 dividend per share during the earnings announcement for Q4 2023.