Here's What Key Metrics Tell Us About RPM International (RPM) Q1 Earnings

Core Insights - RPM International reported $1.97 billion in revenue for the quarter ended August 2024, a year-over-year decline of 2.1% [1] - The company's EPS for the same period was $1.84, compared to $1.64 a year ago, indicating a positive year-over-year change [1] - The reported revenue fell short of the Zacks Consensus Estimate of $2.02 billion, resulting in a surprise of -2.40% [1] - The company delivered an EPS surprise of +4.55%, with the consensus EPS estimate being $1.76 [1] Revenue Performance by Segment - Net Sales for the Construction Products Group (CPG) were $793.99 million, slightly below the average estimate of $801.62 million, representing a year-over-year change of +1.4% [3] - Net Sales for the Specialty Products Group (SPG) were $174.57 million, compared to the average estimate of $178.37 million, reflecting a year-over-year decline of -3.5% [3] - Net Sales for the Consumer Segment were $628.47 million, below the average estimate of $657.24 million, showing a year-over-year decrease of -6.1% [3] - Net Sales for the Performance Coatings Group (PCG) were $371.76 million, compared to the average estimate of $378.72 million, indicating a year-over-year decline of -1.8% [3] Adjusted EBIT Performance - Adjusted EBIT for the Consumer Segment was $116.21 million, below the average estimate of $128.46 million [3] - Adjusted EBIT for the Specialty Products Group (SPG) was $18.11 million, exceeding the average estimate of $17.26 million [3] - Adjusted EBIT for the Performance Coatings Group (PCG) was $64.59 million, slightly below the average estimate of $65.66 million [3] - Adjusted EBIT for the Construction Products Group (CPG) was $159.90 million, above the average estimate of $150.38 million [3] - Adjusted EBIT for Corporate/Other was -$30.48 million, better than the average estimate of -$38.33 million [3] Stock Performance - RPM International's shares have returned +4% over the past month, outperforming the Zacks S&P 500 composite's +1.2% change [4] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [4]