RPM International Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

RPM International Inc. RPM is expected to release earnings results for its third quarter, before the opening bell on April 4, 2024.

Analysts expect the Medina, Ohio-based company to report quarterly earnings at 46 cents per share, up from 37 cents per share in the year-ago period. RPM is projected to report quarterly revenue of $1.52 billion, according to data from Benzinga Pro.

On April 2, RPM International declared a regular quarterly cash dividend of 46 cents per share, payable on April 30, 2024, to stockholders of record as of April 19, 2024.

RPM International shares gained 1.4% to close at $118.52 on Wednesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

• UBS analyst Joshua Spector maintained a Neutral rating and raised the price target from $111 to $121 on March 14, 2024. This analyst has an accuracy rate of 63%.
• BMO Capital analyst John McNulty maintained an Outperform rating and boosted the price target from $125 to $127 on Jan. 16, 2024. This analyst has an accuracy rate of 66%.
• Mizuho analyst John Roberts initiated coverage on the stock with a Buy rating and a price target of $128 on Jan. 12, 2024. This analyst has an accuracy rate of 77%.
• RBC Capital analyst Arun Viswanathan maintained a Sector Perform rating and boosted the price target from $103 to $105 on Oct. 6, 2023. This analyst has an accuracy rate of 62%.
• JP Morgan analyst Jeffrey Zekauskas maintained an Overweight rating and boosted the price target from $90 to $110 on July 27, 2023. This analyst has an accuracy rate of 70%.

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