RPM Reports Fiscal 2021 Second-Quarter Results

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Go back to RPM Reports Fiscal 2021 Second-Quarter Results

RPM International (RPM) Tops Q2 EPS by 7c

January 6, 2021 6:46 AM EST

RPM International (NYSE: RPM) reported Q2 EPS of $1.06, $0.07 better than the analyst estimate of $0.99. Revenue for the quarter came in at $1.49 billion versus the consensus estimate of $1.45 billion.

Business Outlook:

Looking ahead to the fiscal 2021 third quarter, we anticipate consolidated sales to grow in the mid-single-digit range with strong leverage to the bottom line for adjusted EBIT growth of 30% or more. Our third quarter typically provides modest sales activity each year because it falls during the winter months when painting and construction activity slow. This seasonal... More