RPM Reports Results for Fiscal 2018 Fourth Quarter and Year End
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RPM International (RPM) Misses Q4 EPS by 13c
July 19, 2018 6:46 AM EDTRPM International (NYSE: RPM) reported Q4 EPS of $1.05, $0.13 worse than the analyst estimate of $1.18. Revenue for the quarter came in at $1.56 billion versus the consensus estimate of $1.58 billion.
Business Outlook
During fiscal 2019, we expect the challenging raw material environment to continue, perpetuating the stress on gross profit margins. All of our businesses are aggressively pursuing price increases and we expect to see some of that benefit in our consumer segment this fiscal year.
The industrial segment should benefit from steady construction activity and a mostly stable international backdrop outside of Brazil. Additionally,... More
