RPM International Q2 Adj. EPS Meets Estimates, But Sales Miss

RTTNews | il y a 374
RPM International Q2 Adj. EPS Meets Estimates, But Sales Miss

(RTTNews) - RPM International, Inc. (RPM) reported Thursday that net income attributable to RPM for the second quarter grew to $145.51 million or $1.13 per share from $131.34 million or $1.02 per share in the prior-year quarter.

Excluding special items, adjusted earnings for the quarter was $1.22 per share, compared to $1.10 per share in the year-ago quarter.

Net sales for the quarter remained relatively flat at $1.79 billion.

On average, analysts polled by Thomson Reuters expected the company to report earnings of $1.22 per share on net sales of $1.84 billion for the quarter. Analysts' estimates typically exclude special items.

Looking ahead to the third quarter, the company now projects consolidated sales to be flat compared to prior-year record results and consolidated adjusted EBIT growth of 25 to 35 percent. The Street is looking for net sales of $1.59 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 | il y a 171
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 | il y a 830
RPM International Q4 Adj. EPS Misses Estimates; Guides Q1 Sales

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

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.
RTTNews | il y a 902
TSX Ends Notably Lower As Stocks Drop On Interest Rate Concerns

TSX Ends Notably Lower As Stocks Drop On Interest Rate Concerns

The Canadian market closed notably lower on Friday, hurt by rising bond yields, and fading optimism about interest rate cuts by the Federal Reserve after data showed stronger-than-expected growth in U.S. non-farm payroll employment. Canadian employment data too came in stronger than expected, reducing prospects of any significant monetary easing by the Bank of Canada.
RTTNews | il y a 1
Dollar Climbs Higher After Buoyant Jobs Data

Dollar Climbs Higher After Buoyant Jobs Data

The U.S. dollar firmed against its major counterparts on Friday amid fading hopes of further reductions in interest rates after data from the Labor Department showed stronger-than-expected growth in non-farm payroll employment in the month of December.
RTTNews | il y a 1
Swiss Market Ends Notably Lower

Swiss Market Ends Notably Lower

The Switzerland market settled notably lower on Friday, in line with markets across Europe, as upbeat U.S. jobs data raised concerns that the Federal Reserve will likely hold interest rates unchanged from current levels, or go slow on interest rate cuts this year. Data showing an increase in Swiss unemployment weighed as well.
RTTNews | il y a 1
U.S. Dollar Firms As Strong Jobs Data Dampens Rate Cut Hopes

U.S. Dollar Firms As Strong Jobs Data Dampens Rate Cut Hopes

The U.S. dollar climbed against its most major counterparts in the New York session on Friday, as stronger-than-expected jobs data for December strengthened expectations that the Federal Reserve will hold rates steady for sometime.
RTTNews | il y a 1