Recap: RPM International Q4 Earnings

Shares of RPM International RPM were flat in pre-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share fell 8.87% year over year to $1.13, which beat the estimate of $1.01.

Revenue of $1,459,000,000 decreased by 8.87% year over year, which beat the estimate of $1,400,000,000.

Guidance

Earnings guidance hasn't been issued by the company for now.

RPM International hasn't issued any revenue guidance for the time being.

How To Listen To The Conference Call

Date: Jul 27, 2020

Time: 10:00 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/guy3smyc

Technicals

Company's 52-week high was at $80.10

52-week low: $42.85

Price action over last quarter: Up 21.09%

Company Profile

RPM International Inc manufactures and sells a variety of paints, coatings, and adhesives. The firm organizes itself into three segments based on product type. The industrial segment, which generates around half of total revenue, sells construction chemicals, roofing systems, and weatherproofing sealants. The specialty segment sells industrial equipment, colorants, exterior finishes, and edible coatings for the food and pharmaceutical industry. Products in both the industrial and specialty segments are sold directly to contractors, distributors, and industrial manufacturers within the construction industry. The consumer segment sells paints, nail care enamels, caulks, adhesives, sealants, and wood stains to home improvement retail stores. The majority of revenue comes from North America.

Posted In: EarningsNews