RPM Reports Results for Fiscal 2021 Third Quarter
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RPM International (RPM) Tops Q3 EPS by 9c
April 7, 2021 6:47 AM EDTRPM International (NYSE: RPM) reported Q3 EPS of $0.38, $0.09 better than the analyst estimate of $0.29. Revenue for the quarter came in at $1.27 billion versus the consensus estimate of $1.21 billion.
Business Outlook:
Several macroeconomic factors are creating inflationary and supply pressures on some of our product categories. These factors include supplier refineries operating at lower levels due to low fuel demand; the disruption winter storm Uri caused on supply chains; intermittent supplier plant shutdowns in response to the pandemic; and significant worldwide demand for packaging, solvents and chemicals used in cleaning... More
