Analysts expect RPM International Inc. RPM to report second-quarter earnings at $1.34 per share before the opening bell, on Tuesday, Jan. 7, 2025. That's up from $1.22 per share in the year-ago period.
RPM International Inc. RPM will release its second-quarter financial results, before the opening bell, on Tuesday, Jan. 7, 2025.
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Evercore ISI analyst Eric Boyes raised the firm's price target on RPM to $145 from $130 and keeps an Outperform rating on the shares as a new analyst took over coverage of the stock and 10 other chemical names. Dissonance between sputtering industrial demand into year-end and prospects for a "less bad" 2025 has "muddled the forward outlook for chemicals investors" and the firm's sense is further EBITDA and EPS cuts coming to Q1 and FY25 "are needed to clear the deck," the analyst says. However, Evercore suspects the stocks "move sharply higher with signs of improving demand, so begin to position accordingly," the analyst added.
RPM is an appealing investment due to strong operational improvements, strategic growth initiatives and positive earnings revisions.
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Prediction: This Dividend King Will Beat the Market. Here's Why
RPM International (RPM) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
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RPM International (RPM) reported earnings 30 days ago. What's next for the stock?
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