The earnings call presented a mixed outlook with strong progress on cost reduction and strategic initiatives, alongside challenges from reduced sales and tariff uncertainties. The company's transformation efforts and backlog strength offer a positive future outlook, but current financial metrics indicate concerns.

Company Guidance

During the Myers 2025 Second Quarter Earnings Results Call, the company provided guidance indicating a strategic shift and cost-saving measures that are expected to drive future growth. The company reported second-quarter net sales of $209.6 million, a decrease of 4.8% from the previous year, with adjusted earnings per share at $0.31. Despite headwinds in vehicle and automotive aftermarket sales, strong demand in military products and infrastructure projects bolstered their outlook, supported by a robust backlog. Myers is on track to achieve $20 million in cost savings, primarily by reducing SG&A expenses, with $18 million in sight. Additionally, the company announced the strategic review of its Myers Tire Supply business and the consolidation of its rotational molding facilities, expected to save $3 million annually. The company also reported strong free cash flow of $25 million for the quarter, enhancing its capacity for disciplined capital allocation, including a $10 million share buyback program. Overall, Myers is focusing on a "Focused Transformation" to streamline operations and enhance profitability, with a positive outlook for the second half of 2025.

Strong Free Cash Flow Generation

The company reported strong free cash flow generation of $25 million in the quarter, an improvement of $22.7 million sequentially, driven by improved cash generation from working capital.

Progress Towards Cost Reduction Goals

The company is on track to deliver $20 million in cost savings by the end of 2025, primarily from SG&A reductions. They have already achieved $18 million in savings, with more opportunities identified.

Strategic Review of Myers Tire Supply

A strategic review has been launched for Myers Tire Supply business, aiming to improve the profitability of the overall portfolio and potentially benefit from focused investment under different ownership.

Military and Infrastructure Market Strength

Strong demand for military products and infrastructure projects, with military product sales expected to exceed $40 million for the full year of 2025.

Myers Industries (MYE) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

MYE Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 30, 2025	2025 (Q3)	0.28 / -	0.25	―	―	―
Jul 31, 2025	2025 (Q2)	0.32 / 0.31	0.39	-20.51% (-0.08)
May 01, 2025	2025 (Q1)	0.19 / 0.22	0.21	4.76% (+0.01)
Mar 06, 2025	2024 (Q4)	0.10 / 0.19	0.29	-34.48% (-0.10)
Nov 04, 2024	2024 (Q3)	0.29 / 0.25	0.38	-34.21% (-0.13)
Aug 01, 2024	2024 (Q2)	0.31 / 0.39	0.35	11.43% (+0.04)
May 07, 2024	2024 (Q1)	0.32 / 0.21	0.38	-44.74% (-0.17)
Mar 05, 2024	2023 (Q4)	0.27 / 0.29	0.32	-9.38% (-0.03)
Nov 01, 2023	2023 (Q3)	0.43 / 0.38	0.41	-7.32% (-0.03)
Aug 03, 2023	2023 (Q2)	0.35 / 0.35	0.45	-22.22% (-0.10)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

MYE Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 31, 2025	$14.64	$14.65	+0.07%
May 01, 2025	$10.40	$10.96	+5.38%
Mar 06, 2025	$9.55	$12.23	+28.06%
Nov 04, 2024	$11.35	$11.04	-2.73%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Myers Industries (MYE) report earnings?

Myers Industries (MYE) is schdueled to report earning on Oct 30, 2025, Before Open (Confirmed).

What is Myers Industries (MYE) earnings time?

Myers Industries (MYE) earnings time is at Oct 30, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is MYE EPS forecast?

MYE EPS forecast for the fiscal quarter 2025 (Q3) is 0.28.

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