RPM Earnings Soar, Beat Estimates

RPM International reported fiscal third quarter earnings up five-fold from the year-ago period, to $6.6 million, or 5 cts/share, on sales up 14%, to $774 million. Earnings beat analyst estimates of 1 ct/share, according to Thomson Reuters (New York). RPM’s fiscal third quarter ended on February 29.   Sales in the company’s industrial segment rose 12% year-on-year, to $502 million. Segment Ebit was up 57%, to $21 million. Organic sales were up 5% year-on-year, while acquisition-related growth added 7% to total sales. "Most of our industrial...

This information is only available to Chemical Week subscribers.

Forgot your user ID or password?
Click here to have it sent to you.

Email Address First Name Last Name

Not an IHS Chemical Week 24/7 member yet? Here's why you should be: Searchable online archive access of the last 2 years of Chemical Week. Print or digital magazine subscription Price and market change alerts Economic data and statistics Buyers' Guides Webcasts | whitepapers