Myers Industries (MYE) Tops Q1 EPS by 3c, Revenues Beat; Offers FY21 EPS Mid-Point Guidance Above Consensus
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Myers Industries Reports 2021 First Quarter Results
May 6, 2021 6:30 AM EDTSales increased 21% on an organic basis, 43% including Elkhart acquisition
AKRON, Ohio--(BUSINESS WIRE)-- Myers Industries, Inc. (NYSE: MYE), a manufacturer of polymer products and distributor for the tire, wheel, and under-vehicle service industry, today announced results for the first quarter ended March 31, 2021.
First Quarter 2021 Financial Highlights
Net sales increased $52.2 million, or 42.7% to $174.4 million, including $27.1 million, or 22.2% from the Elkhart Plastics acquisition, compared with $122.3 million for the first quarter of 2020 Net income per diluted share was $0.20,... More