Myers Net Income From Continuing Ops from 2010 to 2024

MYE Stock  USD 11.41  0.02  0.18%   
Myers Industries' Net Income From Continuing Ops is increasing over the years with slightly volatile fluctuation. Net Income From Continuing Ops is expected to dwindle to about 27 M. During the period from 2010 to 2024 Myers Industries Net Income From Continuing Ops annual values regression line had coefficient of variation of  67.93 and r-squared of  0.18. View All Fundamentals
 
Net Income From Continuing Ops  
First Reported
2000-03-31
Previous Quarter
10.3 M
Current Value
-10.9 M
Quarterly Volatility
5.6 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Myers Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Myers Industries' main balance sheet or income statement drivers, such as Depreciation And Amortization of 26 M, Interest Expense of 7.2 M or Total Revenue of 586 M, as well as many indicators such as Price To Sales Ratio of 0.58, Dividend Yield of 0.0191 or PTB Ratio of 1.84. Myers financial statements analysis is a perfect complement when working with Myers Industries Valuation or Volatility modules.
  
Check out the analysis of Myers Industries Correlation against competitors.
For information on how to trade Myers Stock refer to our How to Trade Myers Stock guide.

Latest Myers Industries' Net Income From Continuing Ops Growth Pattern

Below is the plot of the Net Income From Continuing Ops of Myers Industries over the last few years. It is Myers Industries' Net Income From Continuing Ops historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Myers Industries' overall financial position and show how it may be relating to other accounts over time.
Net Income From Continuing Ops10 Years Trend
Slightly volatile
   Net Income From Continuing Ops   
       Timeline  

Myers Net Income From Continuing Ops Regression Statistics

Arithmetic Mean24,681,671
Coefficient Of Variation67.93
Mean Deviation12,065,783
Median24,505,000
Standard Deviation16,766,878
Sample Variance281.1T
Range61.9M
R-Value0.43
Mean Square Error246.9T
R-Squared0.18
Significance0.11
Slope1,610,759
Total Sum of Squares3935.8T

Myers Net Income From Continuing Ops History

202427 M
202349.8 M
202260.3 M
202133.5 M
202036.8 M
201924.2 M
2018-1.6 M

About Myers Industries Financial Statements

Myers Industries stakeholders use historical fundamental indicators, such as Myers Industries' Net Income From Continuing Ops, to determine how well the company is positioned to perform in the future. Although Myers Industries investors may analyze each financial statement separately, they are all interrelated. For example, changes in Myers Industries' assets and liabilities are reflected in the revenues and expenses on Myers Industries' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Myers Industries. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Income From Continuing Ops49.8 M27 M

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When determining whether Myers Industries is a strong investment it is important to analyze Myers Industries' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Myers Industries' future performance. For an informed investment choice regarding Myers Stock, refer to the following important reports:
Check out the analysis of Myers Industries Correlation against competitors.
For information on how to trade Myers Stock refer to our How to Trade Myers Stock guide.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Is Metal, Glass & Plastic Containers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Myers Industries. If investors know Myers will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Myers Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.04)
Dividend Share
0.54
Earnings Share
0.42
Revenue Per Share
22.234
Quarterly Revenue Growth
0.037
The market value of Myers Industries is measured differently than its book value, which is the value of Myers that is recorded on the company's balance sheet. Investors also form their own opinion of Myers Industries' value that differs from its market value or its book value, called intrinsic value, which is Myers Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Myers Industries' market value can be influenced by many factors that don't directly affect Myers Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Myers Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Myers Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Myers Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.