Unveiling RPM International (RPM) Q3 Outlook: Wall Street Estimates for Key Metrics

Wall Street analysts forecast that RPM International (RPM) will report quarterly earnings of $0.37 per share in its upcoming release, pointing to a year-over-year increase of 5.7%. It is anticipated that revenues will amount to $1.55 billion, exhibiting an increase of 5.3% compared to the year-ago quarter.

The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.

Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.

While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.

Bearing this in mind, let's now explore the average estimates of specific RPM International metrics that are commonly monitored and projected by Wall Street analysts.

The collective assessment of analysts points to an estimated 'Net Sales- Construction Products Group/ CPG' of $518.90 million. The estimate indicates a change of +9.6% from the prior-year quarter.

According to the collective judgment of analysts, 'Net Sales- Consumer Segment' should come in at $564.85 million. The estimate points to a change of +12.1% from the year-ago quarter.

Analysts expect 'Net Sales- Performance Coatings Group/ PCG' to come in at $473.33 million. The estimate points to a change of +39% from the year-ago quarter.

Based on the collective assessment of analysts, 'Adjusted EBIT- Consumer Segment' should arrive at $59.28 million. The estimate compares to the year-ago value of $54.18 million.

The combined assessment of analysts suggests that 'Adjusted EBIT- Performance Coatings Group/ PCG' will likely reach $54.64 million. The estimate is in contrast to the year-ago figure of $43.79 million.

The consensus estimate for 'Adjusted EBIT- Construction Products Group/ CPG' stands at $16.80 million. Compared to the current estimate, the company reported $12.73 million in the same quarter of the previous year.

View all Key Company Metrics for RPM International here>>>

Shares of RPM International have demonstrated returns of -7.6% over the past month compared to the Zacks S&P 500 composite's -4.3% change. With a Zacks Rank #4 (Sell), RPM is expected to lag the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .

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