RPM Reports Record Results for Fiscal 2022 Third Quarter

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Go back to RPM Reports Record Results for Fiscal 2022 Third Quarter

RPM International (RPM) PT Raised to $90 at BofA Securities

April 7, 2022 9:23 AM EDT

BofA Securities analyst Steve Byrne raised the price target on RPM International (NYSE: RPM) to $90.00 (from $86.00) while maintaining a Underperform rating.

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RPM International (RPM) Tops Q3 EPS by 8c

April 6, 2022 6:46 AM EDT

RPM International (NYSE: RPM) reported Q3 EPS of $0.38, $0.08 better than the analyst estimate of $0.30. Revenue for the quarter came in at $1.43 billion versus the consensus estimate of $1.41 billion.

Business Outlook:

For the fiscal 2022 fourth quarter, RPMs operations and those of its suppliers are expected to be impacted by ongoing supply chain challenges and raw material shortages, which will exert pressure on revenues and productivity. The strengthening U.S. dollar will also unfavorably impact the translation of RPMs results in international markets.... More