RPM International Inc expected to post earnings of 46 cents a share - Earnings Preview

RPM International

02/04/2024 13:38

* RPM International Inc  RPM.N   RPM  is expected to show a
rise
in quarterly revenue when it reports  results on April 4 for the
period ending February 29 2024
    * The Medina Ohio-based  company is expected to report a
0.1% increase in revenue to $1.518 billion from $1.52 billion a
year ago, according to the mean estimate from 14 analysts, based
on LSEG data.The company's guidance on January 4 2024, for the
period ended February 29, was for revenue of $1.516
billion. (Majority Basis is on Total Revenue)
    * ​LSEG's mean analyst estimate for RPM International Inc is
for
earnings of 46 cents 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 $110.00​, below​ its last closing price of $118.29. ​​​

The company's guidance on January 4 2024 for the period ended
February 29 was for Earnings before Interest and Taxes between
USD104.875 million and USD113.265 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  
 Nov. 30 2023  1.23        1.22       1.22      Met     -0.2
 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.        1.10        1.10       1.10      Met     -0.3
 30 2022                                                
 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
 This summary was machine generated April 2 at 12:38 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)