RPM International rises on Q1 results beat

RPM International

04/10/2023 13:37

** Shares of specialty paints and coatings maker RPM
International  RPM.N  rise 3.5% to $96.05 premarket    
    ** Co reports first-quarter revenue and adjusted profit per
share above Wall Street expectations, according to LSEG data
    ** "The positive momentum we generated in the first quarter
is expected to continue in the second quarter and the remainder
of fiscal year 2024" - CEO Frank Sullivan 
    ** Co maintains fiscal 2024 forecast for sales and adjusted
EBIT
    ** Up to Tuesday's close, stock down about 5% so far this
year

 (Reporting by Mehr Bedi in Bengaluru)
 ((Mehr.Bedi@thomsonreuters.com;))