RPM International Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Portfolio Pulse from Avi Kapoor
RPM International Inc. (NYSE:RPM) is set to release its Q3 earnings before the opening bell on April 4, 2024, with analysts forecasting an earnings increase to 46 cents per share from 37 cents year-over-year, and revenue expectations of $1.52 billion. The company also announced a quarterly dividend of 46 cents per share, payable on April 30, 2024. Shares rose 1.4% to $118.52 recently. Analysts from UBS, BMO Capital, Mizuho, RBC Capital, and JP Morgan have provided various ratings and price targets for RPM, reflecting a generally positive outlook.
April 04, 2024 | 4:54 am
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RPM International Inc. is anticipated to report increased Q3 earnings and has declared a quarterly dividend. Analysts have revised price targets upwards, indicating a positive outlook.
The anticipation of increased earnings, coupled with a recent dividend announcement and positive analyst ratings, suggests a favorable short-term impact on RPM's stock price. The upward revision of price targets by analysts with high accuracy rates further supports this positive outlook.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100