From RTTNews:

RPM International, Inc. reported a rise in net income for the second quarter, growing to $145.51 million or $1.13 per share from $131.34 million or $1.02 per share in the prior-year quarter. Adjusted earnings for the quarter was $1.22 per share, and net sales remained flat at $1.79 billion.

Analysts expected earnings of $1.22 per share on net sales of $1.84 billion. Looking ahead to the third quarter, the company projects consolidated sales to be flat compared to prior-year results and consolidated adjusted EBIT growth of 25 to 35 percent. Street estimates for net sales are at $1.59 billion.



Read more: RPM International Q2 Adj. EPS Meets Estimates, But Sales Miss