Myers Industries Inc. (MYE) announced a profit for fourth quarter that decreased from last year but beat the Street estimates.
The company's bottom line came in at $4.30 million, or $0.11 per share. This compares with $12.54 million, or $0.34 per share, last year.
Excluding items, Myers Industries Inc. reported adjusted earnings of $7.31 million or $0.19 per share for the period.
Analysts on average had expected the company to earn $0.10 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 6.7% to $203.88 million from $191.08 million last year.
Myers Industries Inc. earnings at a glance (GAAP) :
-Earnings: $4.30 Mln. vs. $12.54 Mln. last year.
-EPS: $0.11 vs. $0.34 last year.
-Revenue: $203.88 Mln vs. $191.08 Mln last year.
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