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Myers Industries Expects FY24 Net Sales Growth Of 5%-10% YoY Vs $915.8M Est, Adj EPS Of $1.05-$1.20 Vs $1.28 Est

Benzinga Newsdesk 2 years ago

NewsGuidance

2024 Outlook Based on current exchange rates, market outlook and business forecast, the Company is providing the following outlook for fiscal 2024: Net sales growth

2024 Outlook

Based on current exchange rates, market outlook and business forecast, the Company is providing the following outlook for fiscal 2024:

  • Net sales growth of 5% to 10%
  • Net income per diluted share in the range of $0.76 to $0.91
  • Adjusted earnings per diluted share in the range of $1.05 to $1.20
  • Capital expenditures in the range of $30 million to $35 million
  • Effective tax rate to approximate 26%

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