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RPM profit rises, maintains outlook

|About: RPM International Inc. (RPM)|By: , SA News Editor

Excluding restructuring and other charges, as well as investment gains, adjusted diluted EPS increased 31% to $0.76 from $0.58 a year ago.

Sales by segment: Construction Products +6.9%; Performance Coatings +0.3%; Consumer +6%; Specialty Products -11.1%.

Reaffirms guidance: Adjusted diluted EPS between $3.30 and $3.42 is anticipated for fiscal 2020, while revenue growth is expected to be on the low end of the company's previously disclosed range of 2.5% to 4%.

RPM +1.1% premarket.

FQ2 results

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