Group 1: Earnings Performance - RPM International reported quarterly earnings of $1.39 per share, exceeding the Zacks Consensus Estimate of $1.35 per share, and up from $1.22 per share a year ago, representing an earnings surprise of 2.96% [1] - The company posted revenues of $1.85 billion for the quarter ended November 2024, surpassing the Zacks Consensus Estimate by 3.70%, compared to year-ago revenues of $1.79 billion [2] - Over the last four quarters, RPM International has surpassed consensus EPS estimates three times [2] Group 2: Stock Performance and Outlook - RPM International shares have declined approximately 2.1% since the beginning of the year, while the S&P 500 has gained 1.6% [3] - The company's earnings outlook is mixed, with a current Zacks Rank of 3 (Hold), indicating expected performance in line with the market in the near future [6] - The current consensus EPS estimate for the coming quarter is $0.62 on revenues of $1.55 billion, and for the current fiscal year, it is $5.56 on revenues of $7.37 billion [7] Group 3: Industry Context - The Paints and Related Products industry, to which RPM International belongs, is currently in the top 35% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]
RPM International (RPM) Q2 Earnings and Revenues Beat Estimates