Myers Industries (MYE)
NYSE:MYE
Earnings Data
Report Date
Apr 30, 2026Before Open (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.3Last Year’s EPS
0.22Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed constructive progress in profitability, cash generation and strategic repositioning: material margin expansion, $20 million of annualized cost savings, a 23% increase in free cash flow, net debt reduction and active capital allocation (share returns and disciplined reinvestment). Revenue trends were modestly negative for the full year and several end markets (consumer, vehicle, distribution) remain soft, and the planned divestiture of MTS introduces near-term uncertainty and revenue removal (~$5 million/quarter). On balance the operational improvements, cash flow strength and margin gains outweigh the top-line softness and near-term uncertainty, supporting an overall positive outlook.Company Guidance
Q4 Revenue Stability and Underlying Growth
Fourth quarter net sales of $204.0 million were essentially flat year-over-year; excluding the impact of exiting low-margin products and idling two rotational molding facilities, sales would have grown ~3% year-over-year.
Margin Expansion in Q4
Adjusted gross margin expanded 140 basis points to 33.6% and adjusted operating margin improved 230 basis points to 11.0% in the fourth quarter, driven by favorable mix, higher volume and focused transformation cost savings.
Significant EPS Improvement
Fourth quarter adjusted earnings per share improved 63% year-over-year, reflecting margin expansion and SG&A savings.
Full-Year Profitability Gains
Full year adjusted gross margin increased 30 basis points to 33.7% and adjusted operating margin improved 30 basis points to 10.3%, demonstrating improved profitability despite slight revenue decline.
Free Cash Flow and Balance Sheet Strengthening
Free cash flow increased 23% to $67.2 million for the full year; net debt was reduced by $44.2 million and net leverage ended at 2.4x, inside the target range of 1.5x–2.5x.
Material Handling Operating Performance
Material Handling adjusted EBITDA margin expanded 290 basis points to 25.6%; excluding the idling impact, Material Handling sales rose 3.4% with strength in food & beverage, infrastructure and industrial end markets.
Distribution Business Stabilization
Distribution net sales increased 0.9% year-over-year and adjusted EBITDA margin improved 160 basis points, indicating better operating leverage and cost discipline in the segment.
Delivered $20 Million of Annualized Cost Savings
The Focus transformation achieved $20 million in annualized savings (primarily SG&A), structurally reducing expenses and improving margins heading into 2026.
Disciplined Capital Allocation and Shareholder Returns
Returned $23 million to shareholders (dividends and buybacks) in 2025; invested $19.6 million in CapEx (~2.4% of sales) with a plan to target ~3% of sales in 2026 and remain open to disciplined, opportunistic M&A.
Strategic Portfolio Actions and Growth Backlog
Decision to pursue divestiture of Myers Tire Supply to simplify portfolio and focus on higher-margin growth platforms; backlog for ground protection matting products is the largest in the business's history, supporting 2026 growth expectations.
MYE Earnings History
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 |
|---|---|---|---|
Mar 05, 2026 | $21.63 | $22.63 | +4.64% |
Oct 30, 2025 | $17.14 | $16.62 | -3.05% |
Jul 31, 2025 | $14.32 | $14.33 | +0.06% |
May 01, 2025 | $10.18 | $10.72 | +5.33% |
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 Apr 30, 2026, Before Open (Confirmed).
What is Myers Industries (MYE) earnings time?
Myers Industries (MYE) earnings time is at Apr 30, 2026, 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 2026 (Q1) is 0.3.