RPM International Inc expected to post earnings of $1.55 a share - Earnings Preview

RPM International

02/10/2023 13:54

* RPM International Inc  RPM.N   RPM  is expected to show a
rise
in quarterly revenue when it reports  results on October 4. 
    * The Medina Ohio-based  company is expected to report  a
2.0% increase in revenue to $1.97 billion from $1.93 billion a
year ago, according to the mean estimate from 12 analysts, based
on Refinitiv data. The company's guidance on July 26 2023, for
the period ended August 31, was for revenue between $1.95
billion and $1.99 billion.
    * ​Refinitiv's mean analyst estimate for RPM International
Inc is
for earnings of $1.55 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 8
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 0.2%
in the last three months. ​
    * Wall Street's median 12-month price target for RPM
International
Inc is $107​, above​ its last closing price of $94.81. ​​​

The company's guidance on July 26 2023 for the period ended
August 31 was for Earnings before Interest and Taxes between
USD294.53355 million and USD300.03885 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  
 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. 31 2022  1.33        1.33       1.47      Beat    10.3
 ​​May.        1.43        1.44       1.42      Missed  -1.3
 31 2022                                                
 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. 31 2021  1.03        1.03       1.08      Beat    5.1
 This summary was machine generated October 2 at 12:54 GMT.  All
figures in US dollars  unless otherwise stated