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RPM International Inc Reports 3% Advance In Q1 Bottom Line

RPM International Inc (RPM) reported earnings for its first quarter that advanced from last year.

The company said its bottom line totaled $116.42 million, or $0.86 per share. This was up from $112.77 million, or $0.83 per share, in last year's first quarter.

Analysts had expected the company to earn $0.84 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 8.0% to $1.35 billion. This was up from $1.25 billion last year.

RPM International Inc earnings at a glance:

-Earnings (Q1): $116.42 Mln. vs. $112.77 Mln. last year.
-Earnings Growth (Y-o-Y): 3.2%
-EPS (Q1): $0.86 vs. $0.83 last year.
-EPS Growth (Y-o-Y): 3.6%
-Analysts Estimate: $0.84
-Revenue (Q1): $1.35 Bln vs. $1.25 Bln last year.
-Revenue Change (Y-o-Y): 8.0%

-Guidance:
Full year EPS guidance: $2.85 to $2.95

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

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