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RPM - RPM International Inc News Story

$94.5 1.1  1.2%

Last Trade - 21/04/21

Sector
Basic Materials
Size
Large Cap
Market Cap £8.79bn
Enterprise Value £10.27bn
Revenue £4.29bn
Position in Universe 829th / 6852

BRIEF-RPM Reports Q2 Adjusted Earnings Per Share $1.06

Wed 6th January, 2021 11:48am
Jan 6 (Reuters) - RPM International Inc  RPM.N :
    * RPM REPORTS FISCAL 2021 SECOND-QUARTER RESULTS
    * Q2 ADJUSTED EARNINGS PER SHARE $1.06
    * Q2 EARNINGS PER SHARE $0.98
    * Q2 EARNINGS PER SHARE ESTIMATE $1.00 -- REFINITIV IBES
DATA
    * Q2 SALES $1.49 BILLION VERSUS REFINITIV IBES ESTIMATE OF
$1.45
BILLION
    * Q3 OUTLOOK CALLS FOR MID-SINGLE-DIGIT SALES GROWTH AND
ADJUSTED
EBIT GROWTH OF 30% OR MORE
    * RPM INTERNATIONAL - EXPECT CO WILL REACH PLANNED RUN RATE
OF
$290 MILLION IN ANNUALIZED SAVINGS BY CONCLUSION OF FISCAL YEAR
ENDING MAY 31, 2021
    * QUARTER INCLUDED $2.0 MILLION CHARGE FOR RESOLUTION OF
LEGACY
INVESTIGATION BY SEC
    * Q3 REVENUE VIEW $1.21 BILLION -- REFINITIV IBES DATA
    * Q2 INCLUDED $18.6 MILLION IN CHARGES FOR RESTRUCTURING
RELATED
TO MAP TO GROWTH OPERATING IMPROVEMENT PLAN

Source text for Eikon:  ID:nBw7BSd92a 
Further company coverage:  RPM.N 

 ((Reuters.Briefs@thomsonreuters.com;))
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