RPM shares fall as softer guidance overshadows Q1 profit beat

RPM International

06/10/2026 13:48

** Shares of coatings maker RPM International RPM.N fall 2% to $93.50 after Q1 results
** Co sees FY27 adjusted EBITDA increasing in the mid-single digit range compared with previous outlook of 5% to 10%
** Co expects consolidated sales to increase in the mid-single-digit range, roughly in line with previous outlook of 3% to 7% 
** Q1 net sales of $2.22 billion in line with analysts' estimate, per LSEG data
** Q1 adjusted profit per share of $1.98 beats est of $1.94 per share
** 17 of 18 brokerages rate stock "buy" or above, 1 "hold"; median PT $127.94 — data compiled by LSEG
** As of last close, stock had fallen 8.37% YTD

 (Reporting by Miraanta Lowrance in Bengaluru)
 ((miraanta.lowrance@thomsonreuters.com))