SQUAWK/NEWS
Account
Theme
Account
Menu
Live News EARNINGS FLASH H impact

BUZZ — RPM shares fall as softer guidance overshadows Q1 profit beat

* Shares of coatings maker RPM International fall 2% to $93.50 after Q1 results * Co sees FY27 adjusted EBITDA increasing in the mid-single digit range compared with previous outlook of 5% to 10% * Co expects consolidated sales to increase in the mid-single-digit range, roughly in line with previous outlook of 3% to 7% * Q1 net sales of $2.22 billion in line with analysts' estimate, per LSEG data * Q1 adjusted profit per share of $1.98 beats est of $1.94 per share * 17 of 18 brokerages rate stock "buy" or above, 1 "hold"; median PT $127.94 — data compiled by LSEG * As of last close, stock had fallen 8.37% YTD (Reporting by Miraanta Lowrance in Bengaluru) ((miraanta.lowrance@thomsonreuters.com)

RPM.N