RPM International Inc reports results for the quarter ended February 28 - Earnings Summary

• RPM International Inc RPM.N reported quarterly adjusted earnings of 35 cents​​ per share for the quarter ended February 28, lower than the same quarter last year, when the company reported EPS of 52 cents. The mean expectation of sixteen analysts for the quarter was for earnings of 49 cents per share. Wall Street expected results to range from 40 cents to 56 cents per share.

• Revenue fell 3% to $1.48 billion from a year ago; analysts expected $1.51 billion.

• RPM International Inc's reported EPS for the quarter was 40 cents​.

• The company reported quarterly net income of $52.03 million.

• RPM International Inc shares had fallen by 7.8% this quarter and lost 13.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 12.2% in the last three months.​

• In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 8 "strong buy" or "buy," 8 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the commodity chemicals peer group is also "hold"

• Wall Street's median 12-month price target for RPM International Inc is $134.92

This summary was machine generated from LSEG data April 8 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)