RPM International Q4 Adj. EPS Misses Estimates; Guides Q1 Sales

RTTNews | vor 1122 Tagen
RPM International Q4 Adj. EPS Misses Estimates; Guides Q1 Sales

(RTTNews) - RPM International, Inc. (RPM) reported Monday that net income attributable to RPM for the fourth-quarter grew to $199.0 million or $1.54 per share from $156.1 million or $1.20 per share in the prior-year quarter. Excluding special items, adjusted earnings for the quarter was $1.42 per share.

Net sales for the quarter increased 13.7 percent to $1.98 billion from $1.74 billion in the same quarter last year.

On average, analysts polled by Thomson Reuters expected the company to report earnings of $1.44 per share on net sales of $1.97 billion for the quarter. Analysts' estimates typically exclude special items.

Looking ahead to the first quarter of fiscal 2023, the company now projects consolidated sales growth in the mid-teens, with sales growth in the teens in all four of its operating segments.

The Street is looking for net sales of $1.81 billion for the quarter.

read more
RPM International Q4 Adj. EPS Tops Estimates, But Sales Meet

RPM International Q4 Adj. EPS Tops Estimates, But Sales Meet

RPM International, Inc. (RPM) reported Thursday that net income attributable to RPM for the fourth quarter grew to $180.61 million or $1.40 per share from $151.36 million or $1.18 per share in the prior-year quarter.
RTTNews | vor 391 Tagen
RPM International Q1 Results Top Estimate; Guides Q2 Sales

RPM International Q1 Results Top Estimate; Guides Q2 Sales

RPM International, Inc. (RPM) reported Wednesday that net income attributable to RPM for the first quarter grew to $169.01 million or $1.31 per share from $134.58 million or $1.04 per share in the prior-year quarter.
RTTNews | vor 1050 Tagen
Australian Market Extends Early Gains In Mid-market

Australian Market Extends Early Gains In Mid-market

The Australian market is extending early gains in mid-market moves on Thursday, adding to the gains in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving up to near the 9,000 mark to fresh all-time highs, with gains across most sectors led by mining, financial and energy stocks.
RTTNews | vor 57 Minuten
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Thursday, following the mixed cues from Wall Street overnight, after reports indicated the Trump administration is looking into the federal government taking equity stakes in Intel and other chipmakers in return for the federal subsidies. Traders also remain optimistic about the US Fed cutting interest rates is September.
RTTNews | vor 1Std 19 Minuten
Sensex, Nifty Seen Opening On Flat Note After Recent Gains

Sensex, Nifty Seen Opening On Flat Note After Recent Gains

Indian shares look set to open on a flat note Thursday following five consecutive sessions of gains. Overall losses, if any, may remain limited amid renewed hopes of peace between Russia and Ukraine.
RTTNews | vor 1Std 36 Minuten
Renewed Selling Pressure Tipped For Thai Stock Market

Renewed Selling Pressure Tipped For Thai Stock Market

The Thai stock market on Wednesday wrote a finish to the four-day losing streak in which it had slumped more than 40 points or 3.5 percent. The Stock Exchange of Thailand now sits just beneath the 1,250-point plateau although it may hand back those gains on Thursday.
RTTNews | vor 2Std 22 Minuten
Japanese Market Notably Lower

Japanese Market Notably Lower

The Japanese market is trading notably lower on Thursday, extending the losses in the previous two sessions, following the mixed cues from Wall Street overnight. The Nikkei 225 is falling below the 42,650 level, with weakness in index heavyweights, automakers and financial stocks.
RTTNews | vor 2Std 31 Minuten