RPM Q1 Earnings Beat, Revenues Miss Estimates, Margins Down

MTH RPM TMHC

RPM International Inc. (RPM - Free Report) reported mixed results in first-quarter fiscal 2020, wherein earnings surpassed the Zacks Consensus Estimate but revenues missed the same. Nonetheless, both the top and bottom lines improved on a year-over-year basis on the back of plant rationalization, manufacturing improvements and center-led procurement initiatives of its 2020 MAP to Growth operating improvement plan.

The company reported adjusted earnings of 95 cents per share, beating the consensus mark of 91 cents by 4.4%. The reported figure also increased 25% year over year, backed by its 2020 MAP to Growth operating improvement plan.

RPM International Inc. Price, Consensus and EPS Surprise

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