Myers Reports Q3 Revenue Beat Amid Non-GAAP EPS Miss
Myers (NYSE: MYE) reported third-quarter financial results characterized by a divergence between top-line growth and bottom-line profitability. The company achieved revenue of $171.34 million, representing an 8.1% increase year-over-year and exceeding analyst expectations by $7.54 million. Despite the revenue beat, Myers missed Non-GAAP earnings per share (EPS) estimates. The reported Non-GAAP EPS was $0.32, falling short of consensus forecasts by $0.13. The company also provided a long-term outlook for its various end markets extending through 2026.
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