RPM International Inc expected to post earnings of $1.30 a share - Earnings Preview

RPM International

24/07/2023 16:55

* RPM International Inc  RPM.N   RPM  is expected to show a
fall
in quarterly revenue when it reports  results on July 26. 
    * The Medina Ohio-based  company is expected to report  a
0.5% decrease in revenue to $1.974 billion from $1.98 billion a
year ago, according to the mean estimate from 13 analysts, based
on Refinitiv data. The company's guidance on April 6 2023, for
the period ended May 31, was for revenue of $1.984 billion.
    * ​Refinitiv's mean analyst estimate for RPM International
Inc is
for earnings of $1.30 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 10
"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 $89​, below​ its last closing price of $92.95. ​​​

The company's guidance on April 6 2023 for the period ended May
31 was for Earnings before Interest and Taxes between
USD242.62608 million and USD263.724 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  
 Feb. 28 2023  0.31        0.31       0.37      Beat    19.7
 Nov. 30 2023  1.10        1.10       1.10      Met     -0.3
 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.        0.30        0.30       0.38      Beat    26.7
 28 2022                                                
 Nov. 30 2021  0.82        0.83       0.79      Missed  -4.6​
 Aug. 31 2021  1.03        1.03       1.08      Beat    5.1
 May. 31 2021  1.27        1.28       1.28      Met     0.3
 This summary was machine generated July 24 at 15:55 GMT.  All
figures in US dollars  unless otherwise stated