Coating and sealant producer RPM Worldwide RPM is ready to report fiscal second-quarter outcomes on Tuesday earlier than the opening bell. RPM Worldwide, a Zacks Rank #2 (Purchase), has exceeded the earnings mark in three of the previous 4 quarters. With the inventory pulling again from its November highs, is RPM Worldwide a purchase previous to the discharge?
Discover the newest EPS estimates and surprises on Zacks Earnings Calendar.
Analysts predict the corporate to publish quarterly earnings of $1.35 per share, reflecting a ten.7% enchancment relative to the identical quarter final yr. Gross sales are projected to have barely decreased year-over-year to $1.78 billion.
RPM is benefitting from continued development in high-performance constructing building and renovation. The federal government’s effort to spice up US infrastructure has generated demand for RPM’s merchandise.
The corporate has delivered a trailing four-quarter common earnings shock of three.02%. Our proprietary Zacks Earnings ESP (Anticipated Shock Prediction) indicator doesn’t conclusively predict one other beat for the upcoming announcement.
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