RPM reports lower profit on one-time charges
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.
Trending On Reuters
We are living longer but not creating financial plans to keep pace. Advisers give tips on how to make sure you don’t outlive your money. Video