MEDINA, Ohio (AP) — MEDINA, Ohio (AP) — RPM International Inc. (RPM) on Wednesday reported fiscal first-quarter net income of…
MEDINA, Ohio (AP) — MEDINA, Ohio (AP) — RPM International Inc. (RPM) on Wednesday reported fiscal first-quarter net income of $227.7 million.
The Medina, Ohio-based company said it had net income of $1.77 per share. Earnings, adjusted for non-recurring costs, were $1.84 per share.
The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.76 per share.
The specialty chemicals company posted revenue of $1.97 billion in the period, which missed Street forecasts. Five analysts surveyed by Zacks expected $2.02 billion.
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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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