RPM International Inc reports results for the quarter ended in February - Earnings Summary

RPM International

04/04/2024 14:31

* RPM International Inc  RPM.N  reported quarterly adjusted
earnings of 52 cents​​ per share for the quarter ended in
February, higher than the same quarter last year, when the
company reported EPS of 37 cents.  The mean expectation of
sixteen analysts for the quarter was for earnings of 46 cents
per share. Wall Street expected results to range from 43 cents
to 50 cents per share.
    * Revenue rose 0.4% to $1.52 billion from a year ago;
analysts
expected $1.52 billion. 
    * RPM International Inc's reported EPS for the quarter was
47
cents​.
    * The company reported quarterly net income of $61.2
million.
    * RPM International Inc shares had fallen by 0.4% this
quarter and
gained 6.2% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.7%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * 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 average consensus recommendation for the commodity
chemicals
peer group is also "hold"

Wall Street's median 12-month price target for RPM International
Inc is $110.00 
This summary was machine generated from LSEG data April 4 at
01:31 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Feb. 29 2024      0.46           0.52           Beat
 Nov. 30 2023      1.22           1.22           Met
 Aug. 31 2023      1.55           1.64           Beat
 May. 31 2023      1.30           1.36           Beat