RPM Reports Fiscal 2019 First-Quarter Financial Results

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Go back to RPM Reports Fiscal 2019 First-Quarter Financial Results

RPM International (RPM) PT Lowered to $60 at RBC Capital

October 4, 2018 7:02 AM EDT

RBC Capital analyst Arun Viswanathan lowered the price target on RPM International (NYSE: RPM) to $60.00 (from $63.00) while maintaining a Sector Perform rating.

Viswanathan expects the stock to stay range-bound ahead of the '2020 MAP to Growth' event in November.

... More

RPM International (RPM) Misses Q1 EPS by 12c, Revenues Beat

October 3, 2018 6:46 AM EDT

RPM International (NYSE: RPM) reported Q1 EPS of $0.76, $0.12 worse than the analyst estimate of $0.88. Revenue for the quarter came in at $1.46 billion versus the consensus estimate of $1.42 billion.

Sales increase 8.5% to first-quarter recordRaw material costs and restructuring expenses affect profitabilityOperating improvement plan implementation continues to streamline costsComprehensive plan update to be provided at November 28 investor day

We saw strong top-line sales growth in the first... More