RPM International Reaffirms Q4 Sales Growth Outlook; Stock Surge 9.6%

RPM reported third-quarter results and reiterated it continues to expect consolidated sales growth for Q4 in the mid-single-digits. The company’s guidance signals modest top-line expansion but contains no material upside that would likely move the stock significantly near term.

Analysis

RPM reported third-quarter results and reiterated it continues to expect consolidated sales growth for Q4 in the mid-single-digits. The company’s guidance signals modest top-line expansion but contains no material upside that would likely move the stock significantly near term.