Myers Industries (MYE) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $0.53
- Estimate
- $0.36
- Surprise
- +47.2%
- Revenue (period 2026-06-30)
- $179.2M
- Score at report (before → after)
- 6.3 → 6.3/10
Revenue source: xbrl.
How the report landed
Myers Industries (MYE) beat the $0.36 estimate with adjusted EPS of $0.53 — a large 47.2% upside surprise. TrendMatrix's engine moved from Hold (6.3/10) to Buy (Wait) at 6.3/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates MYE Sell at 6.1/10.
3 of the last 4 quarters beat the estimate; this quarter's +47.2% surprise compares with a +46.4% four-quarter average. Next scheduled report: 2026-10-29.
What supports the rating
- Strong earnings beat streak (3/4)
- Attractive valuation
What argues against it
- Sector modifier (Consumer Cyclical): -1.5
- Leverage penalty (D/E 1.1): -0.5
- Negative momentum
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $27.95
- Price target
- $31.45
- Stop
- $26.57
- Upside to target
- +12.5%
- Reward-to-risk
- 1.6:1
The stock trades at 23.9× trailing but 16.1× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-10-29 — shown for context, not personalized investment advice.
MYE at TrendMatrix's latest read
Cyclical consumer names live and die on demand momentum — same-quarter comps and guidance carry more weight than the headline surprise.
- Industry
- Packaging & Containers
- Market cap
- $1.21B
- P/E (fwd)
- 16.1
- P/E (ttm)
- 23.9
- 52-week range
- $16.46–$37.45
- Off 52-week high
- 25.4%
- RSI (14)
- 36
- Volume vs avg
- 0.51×
- Score today
- 6.1/10