RPM International Inc expected to post earnings of 31  cents a share - Earnings Preview

RPM International

04/04/2023 13:34

* RPM International Inc  RPM.N   RPM  is expected to show a
rise
in quarterly revenue when it reports  results on April 6. 
    * The Medina Ohio-based  company is expected to report  a
2.7% increase in revenue to $1.472 billion from $1.43 billion a
year ago, according to the mean estimate from 13 analysts, based
on Refinitiv data. The company's guidance on January 5 2023, for
the period ended February 28, was for revenue between $1.46
billion and $1.51 billion.
    * ​Refinitiv's mean analyst estimate for RPM International
Inc is
for earnings of 31 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 9
"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 $97​, above​ its last closing price of $88.35. ​​​

The company's guidance on January 5 2023 for the period ended
February 28 was for Earnings before Interest and Taxes between
USD75 million and USD85 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  
 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. 31 2022  1.43        1.44       1.42      Missed  -1.3​
 Feb. 28 2022  0.30        0.30       0.38      Beat    26.7
 ​​Nov.        0.82        0.83       0.79      Missed  -4.6
 30 2021                                                
 Aug. 31 2021  1.03        1.03       1.08      Beat    5.1​
 May. 31 2021  1.27        1.28       1.28      Met     0.3
 Feb. 28 2021  0.27        0.29       0.38      Beat    31.4
 This summary was machine generated April 4 at 12:34 GMT.  All
figures in US dollars  unless otherwise stated