Group 1 - RPM International reported quarterly earnings of $0.35 per share, missing the Zacks Consensus Estimate of $0.52 per share, and down from $0.52 per share a year ago, representing an earnings surprise of -32.69% [1] - The company posted revenues of $1.48 billion for the quarter ended February 2025, missing the Zacks Consensus Estimate by 2.49%, and down from $1.52 billion year-over-year [2] - RPM International shares have lost about 13.3% since the beginning of the year, compared to the S&P 500's decline of -13.9% [3] Group 2 - The current consensus EPS estimate for the coming quarter is $1.78 on $2.09 billion in revenues, and for the current fiscal year, it is $5.50 on $7.42 billion in revenues [7] - The Zacks Industry Rank for Chemical - Specialty is currently in the bottom 25% of over 250 Zacks industries, indicating potential underperformance compared to higher-ranked industries [8] Group 3 - The estimate revisions trend for RPM International is currently unfavorable, resulting in a Zacks Rank 4 (Sell) for the stock, suggesting expected underperformance in the near future [6] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]

Group 1 - U.S. stock futures are higher, with Dow futures gaining over 900 points [1] - The Greenbrier Companies, Inc. reported disappointing second-quarter results, with earnings of $1.56 per share, missing the consensus estimate of $1.78 per share [1] - Greenbrier's quarterly sales were $762.1 million, falling short of the analyst consensus estimate of $898.53 million [1] Group 2 - Greenbrier shares fell 3.9% to $43.00 in pre-market trading [2] - CVRx, Inc. shares dropped 29.8% to $8.10 after preliminary first-quarter 2025 financial results [3] - Collective Mining Ltd. declined 12.2% to $7.31 in pre-market trading [3] - InnovAge Holding Corp. fell 11.2% to $2.70 after a previous gain of over 7% [3] - PureTech Health plc dipped 11% to $16.02 in pre-market trading [3] - Emerald Holding, Inc. fell 7.5% to $3.21 in pre-market trading [3] - Celcuity Inc. reported a year-over-year decrease in fourth-quarter EPS, leading to a 7.1% drop to $8.51 [3] - RPM International Inc. fell 5.9% to $100.40 following weaker-than-expected quarterly results [3] - Maze Therapeutics, Inc. declined 4.5% to $8.52 in pre-market trading [3] - Enliven Therapeutics, Inc. dropped 3.8% to $17.20 in pre-market trading [3]

Financial Performance - Third-quarter sales were $1.48 billion, a decrease of 3.0% compared to the prior year[4]. - Third-quarter net income was $52.0 million, with diluted EPS of $0.40, and adjusted diluted EPS of $0.35, reflecting declines of 14.9% and 32.7% respectively[4][5]. - Adjusted EBIT for the third quarter was $78.2 million, down 29.0% from the prior year, primarily due to lower production levels and foreign currency headwinds[4][9]. - Net sales for the third quarter of fiscal 2025 were $1,476,562, a decrease of 3.0% compared to $1,522,982 in the same period last year[38]. - Gross profit for the quarter was $567,490, down from $607,164, resulting in a gross margin of approximately 38.4%[38]. - Net income attributable to RPM International Inc. stockholders was $52,034, compared to $61,199 in the prior year, reflecting a decline of 14.1%[38]. - Basic earnings per share for the quarter were $0.41, down from $0.48 in the same quarter last year, representing a decrease of 14.6%[38]. - Adjusted EBIT for Q3 2025 was $78,236, down from $110,140 in Q3 2024, a decrease of 29.0%[39]. - Income before income taxes for the total consolidated entity was $40,951, down 51.0% from $83,581 in Q3 2024[39]. - Reported earnings per diluted share for the three months ended February 28, 2025, was $0.40, compared to $0.47 for the same period in 2024, while adjusted earnings per diluted share was $0.35 versus $0.52[45]. Cash Flow and Debt Management - The company generated $91.5 million in cash from operating activities, the second highest third-quarter amount in its history[4]. - Total debt decreased to $2.10 billion from $2.19 billion a year ago, reflecting improved cash flow used to repay higher-cost debt[26]. - Operating working capital as a percentage of sales improved by 70 basis points to 20.7% compared to 21.4% in the prior-year period[26]. - Interest expense for the quarter was $22,993, down from $28,527, showing a decrease of 19.5%[38]. - Cash provided by operating activities for the nine months ended February 28, 2025, was $619.0 million, down from $941.1 million in the prior year, indicating a decrease of approximately 34.2%[47]. - The company’s long-term debt, less current maturities, was $2.09 billion as of February 28, 2025, down from $2.19 billion a year earlier, indicating a reduction of approximately 4.9%[46]. Segment Performance - CPG Segment net sales decreased to $473,408 from $495,753, a decline of 4.5% year-over-year[39]. - PCG Segment net sales slightly decreased to $340,625 from $343,536, a decline of 0.6% year-over-year[39]. - SPG Segment net sales decreased to $158,737 from $176,494, a decline of 10.1% year-over-year[39]. - Consumer Segment net sales decreased to $503,792 from $507,199, a decline of 0.8% year-over-year[39]. - The CPG Segment's income before income taxes decreased to $9,923 from $15,060, a decline of 34.2% year-over-year[39]. - Corporate/Other segment reported a loss before income taxes of $65,045, compared to a loss of $53,480 in Q3 2024[39]. Future Outlook and Strategic Initiatives - The fiscal 2025 fourth-quarter outlook anticipates flat sales and adjusted EBIT growth in the low-single-digit percentage range[4][31]. - The company expects consolidated adjusted EBIT to increase in the low-single-digit percentage range compared to prior-year record results[31]. - The company anticipates continued growth in demand for its products, despite uncertainties in global markets and economic conditions[36]. - The Pink Stuff acquisition is expected to close late in the fourth quarter of fiscal 2025 or early in the first quarter of fiscal 2026, with 2024 sales of approximately £150 million[23][24]. - The company plans to consolidate over 75 ERP systems into four platforms as part of its Margin Acceleration Plan (MAP), aiming to improve operational efficiency[45]. Inventory and Assets - The company reported a decrease in inventories to $1.04 billion as of February 28, 2025, from $1.08 billion in the prior year, representing a decline of about 3.5%[46]. - Total assets as of February 28, 2025, amounted to $6.62 billion, an increase from $6.38 billion a year earlier, representing a growth of about 3.7%[46]. - Total current liabilities increased to $1.24 billion as of February 28, 2025, from $1.20 billion a year earlier, marking an increase of approximately 3.5%[46]. - The company’s retained earnings increased to $3.03 billion as of February 28, 2025, compared to $2.64 billion a year earlier, reflecting a growth of about 14.9%[46]. Restructuring and Cost Management - Restructuring expenses for the quarter were $3,456, compared to $6,359 in the same period last year, indicating a reduction in restructuring costs[38]. - MAP initiatives incurred expenses of $14,520 in Q3 2025, compared to $16,780 in Q3 2024, a decrease of 13.5%[42].

RPM International Inc. (RPM) has signed a definitive agreement to acquire the UK-based Star Brands Group, mostly known for the globally renowned The Pink Stuff product.RPM stock dropped 4.2% during Thursday’s trading session and inched down 1% in the after-hours, following the buyout agreement announcement.More About RPM’s New BuyoutRPM International is engaging in this strategic transaction with Star Brands to enhance and diversify its Rust-Oleum subsidiary’s cleaners business. The addition of the acquired ...

The upcoming report from RPM International (RPM) is expected to reveal quarterly earnings of $0.52 per share, indicating no change from the year-ago quarter compared to the year-ago period. Analysts forecast revenues of $1.51 billion, representing a decrease of 0.6% year over year.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.Before a compan ...

Core Insights - First Atlantic Nickel Corp. announced positive assay results from drill hole AN-24-03, indicating an average of 0.25% nickel and 0.29% chromium over a continuous 216-meter interval, with grades increasing to 0.27% nickel over the final 21 meters [1][5][12] - The Phase 1 drilling program at the RPM Zone has outlined a mineralized area measuring 500 meters in lateral width and 400 meters in length, confirming significant potential for expansion in all directions [2][5][9] Phase 1 Drilling Results - Drill hole AN-24-03 reached a total depth of 234 meters, intersecting 18 meters of overburden before hitting mineralized serpentinized peridotite, with visible awaruite mineralization throughout the hole [4][5] - The first four drill holes have confirmed 300 meters of the 500-meter lateral width, with both AN-24-02 and AN-24-03 ending in mineralization, suggesting the RPM Zone remains open for further expansion [2][9] Mineralization Characteristics - The mineralization is characterized by disseminated awaruite with grain sizes up to 509 microns, reinforcing the continuity of the mineralized zone [5][6] - The increasing nickel grades towards the end of the hole indicate potential for deeper and wider extensions of the mineralized zone, warranting further exploration [5][6] Future Drilling Plans - Phase 2 drilling is planned to utilize a more powerful drill rig to target the western fault zone and deeper mineralization, aiming to extend the RPM Zone's boundaries [5][15] - The company expects to receive additional assay and metallurgical test results in the coming weeks, with processing delays attributed to the transition to a new core storage and processing facility [5][15] Awaruite's Significance - Awaruite, a naturally occurring nickel-iron alloy, offers a cleaner and more environmentally friendly processing method compared to conventional nickel sources, aligning with North America's critical minerals supply chain needs [16][19] - The U.S. Inflation Reduction Act's requirements for electric vehicles highlight the importance of domestic sources of nickel, with awaruite's smelter-free processing potentially reducing dependence on foreign entities [16][19][27]

Core Insights - First Atlantic Nickel Corp. announced promising initial assay results from its Atlantic Nickel Project, confirming extensive nickel mineralization with drill hole AN-24-02 returning an average of 0.24% nickel and 0.32% chromium over 383.1 meters [1][5][6] - The RPM Zone has shown significant mineralization across a 500m x 400m area, prompting plans for an expansion in the upcoming Phase 2 drilling program [13][20] Summary by Sections Assay Results - Drill hole AN-24-02 encountered consistent nickel mineralization, with peak values of up to 0.31% nickel and 2.61% chromium [1][5][6] - The hole reached a depth of 394.1 meters, significantly exceeding previous drilling depths at both the Super Gulp Zone and the historical Atlantic Lake Zone [2][7][14] Metallurgical Testing - Davis Tube Recovery (DTR) metallurgical testing is underway to evaluate the project's suitability for magnetic separation, with results expected soon [3][22] - The testing aims to quantify magnetically recoverable nickel and assess the potential for a smelter-free processing approach [19][23] Phase 2 Drilling Program - Phase 2 drilling is set to begin shortly, utilizing new road access and a higher-power drill rig to target deeper mineralization and expand the mineralized area [20][21] - The program is fully funded by a recently closed strategic, non-dilutive $3 million raise, with additional assay results from the remaining Phase 1 drill holes still pending [21][22] Awaruite Mineralization - Awaruite, a naturally occurring nickel-iron alloy, is identified as a key mineral in the project, offering a cleaner processing method that aligns with North America's critical minerals supply chain needs [23][24][31] - The unique properties of awaruite allow for high-grade concentrates exceeding 60% nickel content through magnetic processing, reducing dependence on foreign processing [23][25] Strategic Importance - The project is positioned to meet the growing demand for responsibly sourced nickel, particularly in light of the US Inflation Reduction Act's requirements for electric vehicles [31][32] - First Atlantic aims to contribute significantly to the nickel industry's future, supporting the transition to a cleaner energy landscape [32]

Core Viewpoint - RPM International reported strong second-quarter fiscal 2025 results, with earnings and sales exceeding estimates, driven by operational improvements and reduced interest expenses [2][3]. Financial Performance - Adjusted earnings per share (EPS) reached $1.39, surpassing the Zacks Consensus Estimate of $1.35 by 3% and increasing 13.9% year-over-year [4]. - Net sales totaled $1.85 billion, exceeding the consensus mark of $1.78 billion by 3.7% and reflecting a 3% increase from the previous year's $1.79 billion [5]. Operational Highlights - The company achieved record adjusted EBIT for the 12th consecutive quarter, with adjusted EBIT increasing 7.7% year-over-year to $255.1 million and an adjusted EBIT margin improvement of 60 basis points to 13.8% [3][8]. - Selling, general and administrative expenses as a percentage of net sales decreased to 28.7% from 29.2% year-over-year [8]. Segment Performance - Construction Products Group (CPG) sales increased 4.3% year-over-year to $690.1 million, driven by organic growth and strong customer service [9]. - Performance Coatings Group (PCG) sales rose 1.4% year-over-year to $374.9 million, with organic sales growth led by flooring and protective coatings [11]. - Consumer Group sales increased 2% year-over-year to $590.2 million, supported by market share gains and favorable weather conditions [13]. - Specialty Products Group (SPG) sales totaled $184.9 million, up 4.4% year-over-year, driven by disaster recovery efforts [15]. Geographic Performance - North America sales increased 4.2%, accounting for approximately 77% of total sales, while Europe sales rose 1.2% [6]. - Sales in Africa and the Middle East grew 11.6%, but Latin America and Asia Pacific experienced declines of 9.5% and 5.3%, respectively [7]. Balance Sheet and Cash Flow - Total liquidity at the end of the second quarter was $1.50 billion, up from $1.36 billion at the end of fiscal 2024 [16]. - Cash provided by operations was $527.5 million in the first six months of fiscal 2025, down from $767.8 million in the prior year [17]. Future Outlook - For the third quarter of fiscal 2025, RPM anticipates consolidated sales to be flat year-over-year, with varying expectations across segments [18]. - The company expects total net sales for fiscal 2025 to increase in the low-single digits percentage, with adjusted EBIT growth projected between 6% and 10% [19].

RPM International Inc. (RPM) is benefiting from the implementation of its MAP 2025 operational initiatives. The company’s diverse product portfolio, rising infrastructure demand and emphasis on repair and maintenance services support its growth.RPM recently announced its second-quarter fiscal 2025 results, with earnings and sales surpassing the Zacks Consensus Estimate by 3% and 3.7%, respectively. On a year-over-year basis, earnings and sales increased 13.9% and 3%, respectively. The company reported recor ...

Core Viewpoint - First Atlantic Nickel Corp. has received permits for its Phase 2 drilling program and the construction of a southern access trail at its Atlantic Nickel Project, enabling the company to expand its exploration efforts and assess the potential for significant nickel mineralization [1][4][7]. Phase 2 Exploration Update - The Phase 2 drilling program aims to extend the strike length and width of the RPM Zone, focusing on deeper mineralization and exploring targets along the 30 km ophiolite trend [5][10]. - The program will utilize a higher-power drill rig capable of both HQ and NQ drill core, enhancing drilling speed and target depth [7]. Project Development - The construction of the southern access trail is underway, which will facilitate faster and more cost-effective access to the RPM Zone, Chrome Pond, and Pipestone areas [7][9]. - The company is relocating its camp to support expanded drilling activities and has established a drill core processing and storage facility in Grand Falls-Windsor, Newfoundland [6][10]. Awaruite and Market Context - Awaruite, a naturally occurring nickel-iron alloy with approximately 75% nickel content, offers a smelter-free processing method that aligns with North America's critical minerals supply chain needs [11][17]. - The U.S. Inflation Reduction Act mandates that eligible clean vehicles must not contain critical minerals processed by foreign entities of concern, positioning awaruite as a viable domestic source of nickel [12][18]. Strategic Importance - The development of awaruite resources is crucial for reducing dependence on foreign nickel processing, particularly from countries like China, which dominates the global nickel market [14][18]. - First Atlantic aims to contribute significantly to the nickel industry's future, supporting the transition to a cleaner energy landscape and meeting the growing demand for responsibly sourced nickel [18].