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RPM International's Fiscal Q1 Earnings Rise, Net Sales Fall
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RPM International's Fiscal Q1 Earnings Rise, Net Sales Fall
Oct 2, 2024 4:51 AM

07:13 AM EDT, 10/02/2024 (MT Newswires) -- RPM International ( RPM ) reported Wednesday fiscal Q1 adjusted earnings of $1.84 per share, up from $1.64 a year earlier.

Analysts polled by Capital IQ expected $1.74.

Net sales for the quarter ended Aug. 31 were $1.97 billion, down from $2.01 billion a year earlier.

Analysts surveyed by Capital IQ expected $2.01 billion.

For Q2, the company said it expects consolidated sales to be flat compared with a year earlier.

RPM continues to expect full-year sales to post a low-single-digit percentage increase compared with a year earlier.

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