RPM International (RPM) Tops Q3 EPS by 9c
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RPM Reports Results for Fiscal 2021 Third Quarter
April 7, 2021 6:45 AM EDTRecord third-quarter sales, earnings and cash from operations achieved Sales increased 8.1% to $1.27 billion Net income increased 222.6% to $38.2 million as the MAP to Growth operating improvement program generated leverage to the bottom line Diluted EPS increased 222.2% to $0.29; adjusted diluted EPS increased 65.2% to $0.38 EBIT increased 48.2% to $65.4 million; adjusted EBIT increased 32.2% to $79.9 million Record cash from operations of $651.9 million for the nine-month period was driven by margin improvements and good working capital management Fiscal 2021 fourth-quarter outlook calls for double-digit sales and adjusted EBIT growth
MEDINA, Ohio--(BUSINESS... More
