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RPM International Gears Up For Q2 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Benzinga ·  Dec 26 23:51

RPM International Inc. (NYSE:RPM) will release its second-quarter financial results, before the opening bell, on Tuesday, Jan. 7, 2025.

Analysts expect the Medina, Ohio-based company to report quarterly earnings at $1.34 per share, up from $1.22 per share in the year-ago period. RPM International projects quarterly revenue of $1.79 billion, compared to $1.79 billion a year earlier, according to data from Benzinga Pro.

On Oct. 2, RPM International reported first-quarter results. Sales declined 2.1% Y/Y to $1.97 billion, missing the consensus of $2.015 billion.

RPM International shares fell 0.6% to close at $125.35 on Tuesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

  • Morgan Stanley analyst Vincent Sinisi maintained an Equal-Weight rating and raised the price target from $107 to $125 on Oct. 4. This analyst has an accuracy rate of 73%.
  • Seaport Global analyst Michael Harrison maintained a Buy rating and increased the price target from $140 to $150 on Oct. 3. This analyst has an accuracy rate of 69%.
  • Wells Fargo analyst Michael Sison maintained an Equal-Weight rating and increased the price target from $125 to $134 on Oct. 3. This analyst has an accuracy rate of 67%.
  • JP Morgan analyst Jeffrey Zekauskas maintained a Neutral rating and raised the price target from $120 to $126 on Oct. 3. This analyst has an accuracy rate of 67%.
  • BMO Capital analyst John McNulty reiterated an Outperform rating and increased the price target from $139 to $149 on Oct. 3. This analyst has an accuracy rate of 61%.

Considering buying RPM stock? Here's what analysts think:

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