RPM International (RPM) Tops Q2 EPS by 5c

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Go back to RPM International (RPM) Tops Q2 EPS by 5c

RPM Reports Fiscal 2016 Second-Quarter Results

January 6, 2016 6:50 AM EST

MEDINA, Ohio, Jan. 6, 2016 /PRNewswire/ -- RPM International Inc. (NYSE: RPM) today reported a 20% increase in net income and a 19% increase in earnings per diluted share on an 8% sales increase for its fiscal 2016 second quarter ended November 30, 2015.  

Second-Quarter Results

Net sales of $1.16 billion were up 7.9% over the $1.07 billion reported a year ago. Consolidated EBIT (earnings before interest and taxes) increased 17.9%, to $141.6 million from $120.1 million in the fiscal 2015 second quarter. Fiscal 2016 second-quarter net income was up 19.6%, to $83.4 million from... More