RPM International (RPM) Tops Q3 EPS by 6c
RPM International (NYSE: RPM) reported Q3 EPS of $0.37, $0.06 better than the analyst estimate of $0.31. Revenue for the quarter came in at $1.52 billion versus the consensus estimate of $1.47 billion.
GUIDANCE:
The company expects the following in the fiscal year 2023 fourth quarter:
- Consolidated sales to be flat compared to prior-year record results.
- CPG sales to decline in the low- to mid-single-digit percentage range compared to prior-year record results.
- PCG sales to increase in the mid-single-digit percentage range compared to prior-year record results.
- SPG sales to decline in the low-double-digit percentage range compared to prior-year record results.
- Consumer Group sales to increase in the mid-single-digit percentage range compared to prior-year record results.
- Consolidated adjusted EBIT to be flat to down in the high-single-digit percentage range compared to a record in the fiscal year 2022 fourth quarter.
For earnings history and earnings-related data on RPM International (RPM) click here.
