RPM Reports Q3 EPS of $0.01 vs. $(0.05); Revenues $678.9M vs. $626.23M

RPM International Inc. RPM today reported a sharp increase in net sales for its fiscal 2011 third quarter ended February 28, 2011 Net sales grew 12.6% to $678.9 million from a pro-forma $603.1 million, while net income attributable to RPM stockholders was $1.1 million, compared to a year earlier pro-forma loss of $9.7 million. Diluted earnings per share were $0.01, contrasted with a pro-forma loss of $0.08 in the year-ago period. Consolidated earnings before interest and taxes grew 323.8%, to $13.6 million from a pro-forma $3.2 million in the fiscal 2010 third quarter.