RPM International (RPM - Free Report) reported $1.52 billion in revenue for the quarter ended February 2024, representing a year-over-year increase of 0.5%. EPS of $0.52 for the same period compares to $0.37 a year ago.
The reported revenue represents a surprise of +0.78% over the Zacks Consensus Estimate of $1.51 billion. With the consensus EPS estimate being $0.48, the EPS surprise was +8.33%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how RPM International performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Net Sales- Construction Products Group/ CPG: $495.75 million versus the four-analyst average estimate of $506.63 million. The reported number represents a year-over-year change of -0.3%.
- Net Sales- Specialty Products Group/ SPG: $176.49 million compared to the $162.47 million average estimate based on four analysts. The reported number represents a change of -7.6% year over year.
- Net Sales- Consumer Segment: $507.20 million compared to the $517.49 million average estimate based on four analysts. The reported number represents a change of -4% year over year.
- Net Sales- Performance Coatings Group/ PCG: $343.54 million versus the four-analyst average estimate of $328.02 million. The reported number represents a year-over-year change of +14.7%.
- Adjusted EBIT- Consumer Segment: $64.99 million versus the four-analyst average estimate of $51.34 million.
- Adjusted EBIT- Specialty Products Group/ SPG: $12.10 million compared to the $11.71 million average estimate based on four analysts.
- Adjusted EBIT- Performance Coatings Group/ PCG: $47.09 million versus the four-analyst average estimate of $40.11 million.
- Adjusted EBIT- Construction Products Group/ CPG: $20.49 million versus the four-analyst average estimate of $33.80 million.
- Adjusted EBIT- Corporate/Other: -$34.53 million versus the four-analyst average estimate of -$27.96 million.
View all Key Company Metrics for RPM International here>>>Shares of RPM International have returned +1.4% over the past month versus the Zacks S&P 500 composite's +1.6% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
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RPM International (RPM - Free Report) reported $1.52 billion in revenue for the quarter ended February 2024, representing a year-over-year increase of 0.5%. EPS of $0.52 for the same period compares to $0.37 a year ago.
The reported revenue represents a surprise of +0.78% over the Zacks Consensus Estimate of $1.51 billion. With the consensus EPS estimate being $0.48, the EPS surprise was +8.33%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how RPM International performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Net Sales- Construction Products Group/ CPG: $495.75 million versus the four-analyst average estimate of $506.63 million. The reported number represents a year-over-year change of -0.3%.
- Net Sales- Specialty Products Group/ SPG: $176.49 million compared to the $162.47 million average estimate based on four analysts. The reported number represents a change of -7.6% year over year.
- Net Sales- Consumer Segment: $507.20 million compared to the $517.49 million average estimate based on four analysts. The reported number represents a change of -4% year over year.
- Net Sales- Performance Coatings Group/ PCG: $343.54 million versus the four-analyst average estimate of $328.02 million. The reported number represents a year-over-year change of +14.7%.
- Adjusted EBIT- Consumer Segment: $64.99 million versus the four-analyst average estimate of $51.34 million.
- Adjusted EBIT- Specialty Products Group/ SPG: $12.10 million compared to the $11.71 million average estimate based on four analysts.
- Adjusted EBIT- Performance Coatings Group/ PCG: $47.09 million versus the four-analyst average estimate of $40.11 million.
- Adjusted EBIT- Construction Products Group/ CPG: $20.49 million versus the four-analyst average estimate of $33.80 million.
- Adjusted EBIT- Corporate/Other: -$34.53 million versus the four-analyst average estimate of -$27.96 million.
View all Key Company Metrics for RPM International here>>>Shares of RPM International have returned +1.4% over the past month versus the Zacks S&P 500 composite's +1.6% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
4 Oil Stocks with Massive Upsides
Global demand for oil is through the roof... and oil producers are struggling to keep up. So even though oil prices are well off their recent highs, you can expect big profits from the companies that supply the world with "black gold."
Zacks Investment Research has just released an urgent special report to help you bank on this trend.
In Oil Market on Fire, you'll discover 4 unexpected oil and gas stocks positioned for big gains in the coming weeks and months. You don't want to miss these recommendations.
Download your free report now to see them.
Get the latest research report on RPM - FREE