RPM International Inc expected to post earnings of $1.10 a share - Earnings Preview

RPM International

03/01/2023 13:51

* RPM International Inc  RPM.N   RPM  is expected to show a
rise
in quarterly revenue when it reports  results on January 5. 
    * The Medina Ohio-based  company is expected to report  a
10.4% increase in revenue to $1.811 billion from $1.64 billion a
year ago, according to the mean estimate from 12 analysts, based
on Refinitiv data. The company's guidance on October 5 2022, for
the period ended November 30, was for revenue between $1.79
billion and $1.84 billion.
    * ​Refinitiv's mean analyst estimate for RPM International
Inc is
for earnings of $1.10 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 10
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for RPM
International
Inc is $100​, above​ its last closing price of $97.45. ​​​

The company's guidance on October 5 2022 for the period ended
November 30 was for Earnings before Interest and Taxes between
USD204.55 million and USD220.28 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Aug. 31 2022  1.33        1.33       1.47      Beat    10.3
 May. 31 2022  1.43        1.44       1.42      Missed  -1.3
 Feb. 28 2022  0.30        0.30       0.38      Beat    26.7​
 Nov. 30 2021  0.82        0.83       0.79      Missed  -4.6
 ​​Aug.        1.03        1.03       1.08      Beat    5.1
 31 2021                                                
 May. 31 2021  1.27        1.28       1.28      Met     0.3​
 Feb. 28 2021  0.27        0.29       0.38      Beat    31.4
 Nov. 30 2020  0.99        1.00       1.06      Beat    6.3
 This summary was machine generated January 3 at 13:51 GMT.  All
figures in US dollars  unless otherwise stated