Overview
Plastic and metal products maker's Q4 adjusted operating income rises
Company reduced annualized costs by $20 mln in 2025
Outlook
Myers Industries expects moderate growth in Industrial segment in 2026
Company forecasts strong growth in Infrastructure segment for 2026
Myers Industries anticipates stable conditions in Vehicle and Consumer segments in 2026
Result Drivers
MATERIAL HANDLING - Improved margins driven by favorable mix and reduced SG&A expenses
DISTRIBUTION SEGMENT - Operating income increased due to favorable pricing and SG&A reductions
PORTFOLIO REALIGNMENT - Exiting low-margin products and focusing on core businesses
Company press release: ID:nBwPL2hla
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Sales | Slight Beat* | $203.97 mln | $202.40 mln (1 Analyst) |
Q4 EPS | $0.30 | ||
Q4 Net Income | $11.33 mln | ||
Q4 Adjusted EBITDA | Beat | $32.13 mln | $28.30 mln (1 Analyst) |
Q4 Adjusted operating income | Beat | $22.50 mln | $18.50 mln (1 Analyst) |
Q4 Gross Profit | $67.74 mln |
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
Analyst Coverage
The one available analyst rating on the shares is "buy"
The average consensus recommendation for the non-paper containers & packaging peer group is "buy"
Wall Street's median 12-month price target for Myers Industries Inc is $26.00, about 19.4% above its March 4 closing price of $21.77
The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 13 three months ago
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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