RPM International Q1 adjusted EPS $1.98 vs. estimate of $1.94
RPM•RPM International reported Q1 adjusted EPS of $1.98, above the $1.94 estimate. Sales were $2.216 billion, and the company expects Q2 sales and adjusted EBITDA to increase in the low- to mid-single-digit range and full-year figures to rise in the mid-single-digit range.
1. Quarterly results and outlook
RPM International reported Q1 net income of $256.357 million, EPS of $2.01 and sales of $2.216 billion, compared with an estimate of $2.222 billion. The company expects Q2 sales and adjusted EBITDA to increase in the low- to mid-single-digit range, and full-year sales and adjusted EBITDA to increase in the mid-single-digit range.
