RPM International (NYSE:RPM) is set to give its latest quarterly earnings report on Wednesday, 2022-01-05. Here’s what investors need to know before the announcement.
Analysts estimate that RPM International will likely report an Earnings Per Share (EPS) of $0.83.
RPM International bulls will hope to hear the company to announce they’ve not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Past Earnings Performance
Last quarter the company beat EPS by $0.05, which was followed by a 2.12% drop in the share price the next day.
Here’s a look at RPM International’s past performance and the resulting price change:
|Quarter||Q1 2022||Q4 2021||Q3 2021||Q2 2021|
|Price Change %||-2.12%||-2.83%||1.72%||0.85%|
Shares of RPM International were trading at $98.35 as of January 03. Over the last 52-week period, shares are up 12.67%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.
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