RPM Reports Fiscal 2021 First-Quarter Results
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RPM International (RPM) PT Raised to $109 at BMO Capital
October 8, 2020 9:43 AM EDTBMO Capital analyst John McNulty raised the price target on RPM International (NYSE: RPM) to $109.00 (from $104.00) while maintaining an Outperform rating.
The analyst commented, "RPM demonstrated the power of strong demand/revenue when leveraged across its leaner cost structure as... More
RPM International (RPM) Tops Q1 EPS by 25c, Revenue Beats, Offers Outlook
October 7, 2020 6:46 AM EDTRPM International (NYSE: RPM) reported Q1 EPS of $1.44, $0.25 better than the analyst estimate of $1.19. Revenue for the quarter came in at $1.61 billion versus the consensus estimate of $1.49 billion.
Business Outlook
As we look ahead to the second quarter of fiscal 2021, we expect to generate consolidated sales growth in the low- to mid-single digits with strong leverage to the bottom line for more than 20% adjusted EBIT growth, which are rates that are more in line with recent quarters prior to the outbreak of Covid-19. Our MAP... More
