RPM reports lower profit on one-time charges

Wed Oct 3, 2012 7:37am EDT

Oct 3 (Reuters) - RPM International Inc's quarterly profit fell as the coatings and sealants maker incurred one-time charges.

Profit fell to $33.9 million, or 26 cents per share, in the first quarter, from $76.8 million, or 59 cents per share, a year earlier.

Revenue rose 6 percent to $1.05 billion.

The Medina, Ohio-based company's shares closed at $26.63 on Tuesday on the New York Stock Exchange.