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RPM +2.6% after beating EPS estimates

Apr. 04, 2019 7:36 AM ETRPM International Inc. (RPM) StockRPMBy: Yoel Minkoff, SA News Editor2 Comments
  • Excluding restructuring and other charges, RPM's diluted EPS was $0.14, compared to prior-year third-quarter adjusted diluted EPS of $0.21.
  • FQ3 sales of $1.14B, improved 3.4% over prior year. By segment: Industrial +2.1%; Specialty +2.7%; Consumer +6%.
  • "Based on our expectations for solid top-line sales growth and double-digit adjusted EBIT growth, our fiscal 2019 fourth-quarter adjusted earnings guidance is a range of $1.12 to $1.16 per diluted share," said CEO Frank Sullivan.
  • RPM +2.6% premarket
  • FQ3 results

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