RPM International (RPM) Misses Q4 EPS by 2c

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RPM Reports Record Results for Fiscal 2022 Fourth Quarter

July 25, 2022 6:45 AM EDT

Fourth-quarter net sales increased 13.7% to a record $1.98 billion Fourth-quarter net income increased 27.4% to a record $199.0 million, income before income taxes was a record $221.7 million, diluted EPS was a record $1.54, and adjusted diluted EPS was a record $1.42 Fourth-quarter EBIT increased 17.1% to a record $251.7 million and adjusted EBIT increased 11.7% to a record $263.7 million Fiscal 2022 full-year sales increased 9.8% to a record $6.71 billion Fiscal 2022 full-year net income was $491.5 million, income before income taxes was $606.8 million, diluted EPS was $3.79, and adjusted diluted EPS was $3.66 Fiscal 2023 first-quarter outlook calls for sales growth in the mid-teens and... More