RPM International Inc expected to post earnings of $1.22 a share - Earnings Preview

RPM International

02/01/2024 13:32

* RPM International Inc  RPM.N   RPM  is expected to show a
rise
in quarterly revenue when it reports  results on January 4 for
the period ending August 31 2023
    * The Medina Ohio-based  company is expected to report a
2.5% increase in revenue to $1.837 billion from $1.79 billion a
year ago, according to the mean estimate from 12 analysts, based
on LSEG data.The company's guidance on October 4 2023, for the
period ended November 30, was for revenue between $1.81 billion
and $1.85 billion. (Majority Basis is on Total Revenue)
    * ​LSEG's mean analyst estimate for RPM International Inc is
for
earnings of $1.22 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 9
"hold" and 1 "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 $106.00​, below​ its last closing price of $111.63. ​​​

The company's guidance on October 4 2023 for the period ended
November 30 was for Earnings before Interest and Taxes between
USD231.85 million and USD240.43376 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Aug. 31 2023  1.55        1.55       1.64      Beat    6.1
 May. 31 2023  1.30        1.30       1.36      Beat    4.8
 Feb. 28 2023  0.31        0.31       0.37      Beat    19.7​
 Nov. 30 2022  1.10        1.10       1.10      Met     -0.3
 ​​Aug.        1.33        1.33       1.47      Beat    10.3
 31 2022                                                
 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
 This summary was machine generated January 2 at 13:32 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)