RPM Reports Results for Fiscal 2020 Third Quarter

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RPM International (RPM) Tops Q3 EPS by 2c

April 8, 2020 6:46 AM EDT

RPM International (NYSE: RPM) reported Q3 EPS of $0.23, $0.02 better than the analyst estimate of $0.21. Revenue for the quarter came in at $1.17 billion versus the consensus estimate of $1.18 billion.

Business Outlook:

The fourth quarter is seasonally our strongest and was off to a good start in March, with consolidated sales up approximately 5% over the prior year. Many of our products are used for construction, maintenance and repair projects, which are deemed essential in many cases and are relatively recession resistant. A large number of our North American customers, such... More