RPM International Plunges 9.12% on Weak Q3 Earnings

Generated by AI AgentAinvest Movers Radar
Tuesday, Apr 8, 2025 7:01 pm ET1min read
RPM--

RPM International's stock price plummeted 9.12% today, marking its fourth consecutive day of decline, with a total drop of 17.53% over the past four days. The share price hit its lowest level since November 2023, with an intraday decline of 10.70%.

RPM International's recent stock decline can be attributed to several factors related to its fiscal third-quarter 2025 performance. The company reported weaker earnings than expected, with a notable miss on both earnings per share (EPS) and revenue forecasts. RPMRPM-- International's quarterly earnings came out at $0.35 per share, missing the Zacks Consensus Estimate of $0.52 per share. Additionally, net sales declined by 3.1%, indicating potential headwinds from demand and market conditions. The gross profit margin also decreased by 150 basis points. External challenges, including poor weather conditions over the winter, adversely affected construction activity, further contributing to the company's lower profit.

These factors collectively led to a significant drop in RPM's shares, reflecting the market's reaction to the year-over-year decline in third-quarter results. The company's performance has raised concerns among investors about its ability to navigate current market challenges and maintain profitability.

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