RPM International (RPM) Lowers '09 EPS Guidance
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RPM International Inc. (NYSE: RPM) changed its outlook for its fiscal 2009 earnings to $1.75 to $1.85 per share, down from prior guidance of approximately $1.85 per share and the consensus of $1.86.
RPM cited current economic headwinds, sustained volatility in financial markets, weak domestic market conditions for its consumer segment and raw material cost pressure in both segments as the principal reasons behind the revised outlook.
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