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RPM International: Fiscal 4Q Earnings Snapshot

July 22, 2019

MEDINA, Ohio (AP) _ RPM International Inc. (RPM) on Monday reported fiscal fourth-quarter earnings of $133.4 million.

The Medina, Ohio-based company said it had net income of $1.02 per share. Earnings, adjusted for restructuring costs and non-recurring costs, were $1.24 per share.

The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.14 per share.

The specialty chemicals company posted revenue of $1.6 billion in the period, meeting Street forecasts.

For the year, the company reported profit of $266.6 million, or $2.01 per share. Revenue was reported as $5.56 billion.

RPM International expects full-year earnings in the range of $3.30 to $3.42 per share.

RPM International shares have climbed 6% since the beginning of the year. The stock has risen 1% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RPM at https://www.zacks.com/ap/RPM

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