RPM International (RPM) Misses Q2 EPS by 16c, Revenues Miss; Offers 3Q EPS Below Consensus
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RPM Reports Fiscal 2019 Second-Quarter Results
January 4, 2019 6:46 AM ESTRecord second-quarter sales of $1.36 billion improved 3.6% over prior year Second-quarter diluted EPS of $0.37 includes restructuring and other charges, along with adverse impacts from higher raw material costs, foreign exchange and new accounting standard Excluding restructuring and other charges, diluted EPS was $0.52 SG&A improves as a percent of sales due to better cost controls Cash from operations increased 29% due to improved working capital management MAP to Growth operating improvement plan launched and underway Completed... More
