- RPM press release ( NYSE: RPM ): Q4 Non-GAAP EPS of $1.42 misses by $0.04 .
- Revenue of $1.98B (+13.8% Y/Y) beats by $20M .
- Outlook: RPM expects to generate fiscal 2023 first-quarter consolidated sales growth in the mid-teens over last year’s record first-quarter sales. The company anticipates sales growth in the teens in all four of its operating segments. It is likely that the Consumer Group will generate the highest growth of the four segments due to selling price increases that should allow it to catch up with inflation, improved alkyd resin supply and investments in operational improvements. Fiscal 2023 first-quarter consolidated adjusted EBIT is anticipated to increase 20% to 25% versus the same period last year.
For further details see:
RPM Non-GAAP EPS of $1.42 misses by $0.04, revenue of $1.98B beats by $20M