RPM International Gears Up for Q2 Earnings Release With Updated Analyst Forecasts

RPM International Inc. (NYSE: RPM) is preparing to report its second‑quarter earnings before the market opens on Thursday, Jan. 8, 2025, with Wall Street analysts updating forecasts ahead of the release. RPM, based in Medina, Ohio, is expected to post earnings of approximately $1.41 per share, an increase from $1.39 per share in the same quarter last year, alongside projected revenue of about $1.93 billion, up from $1.85 billion year‑over‑year, according to Benzinga Pro data. Investors have responded positively, lifting RPM’s share price by 1.9% to close at $105.71 recently. In the backdrop, several analysts from major firms have adjusted their ratings and price targets. Citigroup’s Patrick Cunningham upheld his Buy rating but trimmed the target from $136 to $127. UBS’s Joshua Spector kept a Neutral rating while lowering the target from $127 to $119. Mizuho’s John Roberts maintained an Outperform rating with a reduced target of $128. On the more bullish side, RBC Capital’s Arun Viswanathan upgraded RPM to Outperform and increased the target to $132, while Evercore ISI’s Stephen Richardson sustained an Outperform rating with a lowered $125 target. RPM also recently raised its quarterly dividend from 51 cents to 54 cents per share, underscoring its cash return strategy as the company heads into this key earnings announcement. #RPMInternational #Earnings #AnalystForecast #StockMarket #SlimScan #GrowthStocks #CANSLIM