RPM International Likely To Report Higher Q1 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

RPM International (NYSE:RPM) is scheduled to report Q1 fiscal 2026 earnings on October 1, with analysts projecting EPS of $1.88 and revenue of $2.05 billion, following its recent better-than-expected Q4 performance. The upcoming release is preceded by several positive analyst actions, including multiple price target increases and an upgrade from BofA Securities, indicating a generally favorable sentiment ahead of the results.

Analysis

RPM International is approaching its fiscal 2026 first-quarter earnings release on October 1 with positive analyst sentiment, following a better-than-expected fourth-quarter performance. Consensus expectations are for modest year-over-year growth, with projected EPS of $1.88 (a 2.2% increase from $1.84) and revenue of $2.05 billion (a 4.1% increase from $1.97 billion). This outlook is supported by a series of recent, positive analyst actions, including five distinct price target increases and a notable upgrade from Underperform to Neutral by B of A Securities. While Mizuho and BMO Capital maintain bullish Outperform ratings with targets of $140 and $152 respectively, three other firms hold more cautious Neutral or Equal-Weight ratings. The current share price of $117.03 trades below all recently revised analyst price targets, including the lowest at $124 from Morgan Stanley, suggesting Wall Street sees further upside, but the stock's muted reaction indicates investors may be awaiting confirmation from the upcoming report before pricing in this optimism.

Key Decisions for Investors

• Investors should consider the upcoming earnings report as a potential catalyst, as the current stock price of $117.03 is trading at a discount to all five recently raised analyst price targets.
• It is crucial to scrutinize the company's forward-looking guidance in the October 1st release, as this will likely be more influential than the modest projected Q1 growth in determining if the stock can trend towards the higher-end price targets of $140 and $152.
• Given the mix of Outperform and Neutral ratings, a key consideration is whether the results and outlook can justify a re-rating; a simple meet of the 2.2% EPS growth expectation may not be sufficient to drive significant upside.