RPM International Fiscal Q4 Results Miss Estimates

RPM International, a coatings, sealants, and building materials company, reported fiscal Q4 adjusted earnings of $1.02 per share, down from $1.13 in the same period a year ago and missing estimate of $1.17 from analysts polled by CapIQ. For the quarter ended May 31 total revenues of $1.49 billion were up from $1.43 billion in the same period a year ago and fell short of the Street projection of $1.50 billion.

The company expects fiscal 2018 earnings of $2.85 to $2.95 per share, short of the Street projection of $3.01. Fiscal Q1 EPS is expected in the range of $0.83 to $0.85, below the Street estimate of $0.89.

Leave a Comment