Key Developments: RPM International Inc (RPM)
32.73USD
22 May 2013
$-0.78 (-2.33%)
$33.51
$33.53
$33.75
$32.69
537,442
564,976
$34.16
$24.76
Latest Key Developments (Source: Significant Developments)
RPM International Inc Reaffirms FY 2013 EPS Guidance-Conference Call
RPM International Inc announced that for fiscal 2013, the Company is holding to EPS guidance of $1.80 to $1.85 a share. Full Article
RPM International Inc Reaffirms FY 2013 Guidance
RPM International Inc announced that for fiscal 2013, it expects consolidated net sales growth of 8% to 10% and net income growth of 9% to 12%, resulting in diluted earnings per share (EPS) in a range of $1.80 to $1.85, on an as-adjusted basis. The Company reported revenue of $3.77 billion and net income of $215.94 million in fiscal 2012. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $4.12 billion, net income of $237 million and EPS of $1.82 for fiscal 2013. Full Article
RPM International Inc Declares Quarterly Dividend
RPM International Inc announced that its Board of Directors has declared a regular quarterly cash dividend of $0.225 per share, payable on April 30, 2013 to stockholders of record as of April 12, 2013. Full Article
RPM International Inc Reaffirms FY 2013 Guidance; Comments On Q3, Q4 2013 Guidance
RPM International Inc reiterated fiscal 2013 guidance, which it has increased in first-quarter earnings were announced on October 3, 2012. The Company continues to anticipate sales growth of 8% to 10% and growth in diluted earnings per share of 9% to 12%, which equates to an EPS range of $1.80 to $1.85, on an as adjusted basis. It expects weaker results for the seasonally difficult for third quarter of 2013, but anticipate a strong fourth quarter of 2013. The Company reported revenue of $3.77 billion in fiscal 2012. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $4.01 billion and EPS of $1.85 for fiscal 2013. Full Article
RPM International Inc Accelerates Date Of Quarterly Dividend Payment
RPM International Inc announced that its board of directors approved a change in the payment date of its regular quarterly cash dividend of $0.225 per share to December 28, 2012 , payable to stockholders of record as of December 17, 2012 . This dividend payment is intended to be in lieu of the quarterly dividend that would have been paid in January 2013 . The next quarterly dividend is anticipated to be paid in April 2013 . Full Article
RPM International Inc Declares Quarterly Dividend
RPM International Inc announced at its annual meeting of stockholders that its Board of Directors declared a regular quarterly cash dividend of $0.225 per share, payable on October 31, 2012, to stockholders of record as of October 15, 2012. This payment represents a 4.7% increase over the $0.215 quarterly cash dividend paid at this time last year. Full Article
RPM International Inc Raises Low End Of Prior FY 2013 Revenue Guidance To A Range In Line With Analyst's Estimates; Raises FY 2013 EPS Guidance
RPM International Inc raised fiscal 2013 sales guidance released on July 23, 2012, which anticipated consolidated sales growth in a range of 5% to 10%, to a consolidated sales increase of 8% to 10%. The Company earnings guidance at that time was also in the range of 5% to 10%. The Company expects net income and diluted earnings per share for fiscal 2013 to increase between 9% and 12%, or $1.80 to $1.85 per share, prior to one-time adjustments, as a result of continued robust growth in North America, recent acquisitions and more favorable foreign currency comparisons during the back half of this fiscal year. The Company reported revenue of $3.77 billion in fiscal 2012. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $4.07 billion and EPS of $1.80 for fiscal 2013. Full Article
RPM International Inc Acquires Synta Wood Deck And Concrete Restoration Business
RPM International Inc announced that its Rust-Oleum Group has acquired Synta Inc., a producer and marketer of innovative exterior wood deck and concrete restoration systems. Based in Clarkston, GA, Synta's annual sales are anticipated to exceed $40 million in the first year. Terms of the transaction, which is expected to be accretive to earnings within one year, were not disclosed. Full Article
RPM International Inc Reaffirms FY 2013 Guidance; Reaffirms Long Term Revenue Guidance-Conference Call
RPM International Inc announced that outlook for fiscal 2013, consolidated sales and EPS up 5% to 10%. The Company set out at the end of 2010 with a five-year mission to get to $5 billion in sales. It expects to top $4 billion at the end of fiscal 2013, and well on way to fiscal 2015. Particularly here is that to get to $5 billion. Full Article
RPM International Inc Acquires Kirker Enterprises, Inc.
RPM International Inc announced that announced that it has acquired Kirker Enterprises, Inc., a manufacturer of nail care enamels, coatings components and related products for the personal care industry. Terms of the transaction, which is expected to be accretive to earnings within one year, were not disclosed. Full Article
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