RPM International (RPM) Stock

RPM gains advantages from successfully carrying out the MAP 2025 initiatives. Additionally, concentrating on the repair and maintenance sector is promising for the company.

VANCOUVER, British Columbia, Jan. 15, 2025 (GLOBE NEWSWIRE) -- First Atlantic Nickel Corp. (TSXV: FAN) (OTCQB: FANCF) (FSE: P21) is happy to share that it has received permits for its Phase 2 drilling program and the building of a southern access trail at its fully owned Atlantic Nickel Project in Newfoundland. With these permits approved, the Company has started getting ready for Phase 2 drilling and has begun work on the southern access trail.

VANCOUVER, British Columbia, Jan. 13, 2025 (GLOBE NEWSWIRE) -- First Atlantic Nickel Corp. (TSXV: FAN) (OTCQB: FANCF) (FSE: P21) has announced that it has completed the asset purchase agreement to acquire a full interest in mining licence 038152M. This licence includes 12 mineral claims located in central Newfoundland, known as the RPM South claims. These claims are located just south of the recent RPM Zone discovery, which is part of a 30-kilometer nickel trend in the Atlantic Nickel project in Newfoundland.

I maintain a "Buy" recommendation for RPM International, setting a target price of $150 per share for the next year, thanks to their strong margin growth and effective cost management. The company achieved 3.7% growth in organic revenue and 7.7% growth in profits, particularly in the Construction Product Group and Specialty Products Group. Their MAP 2025 initiative and efforts to lower SG&A expenses are likely to improve margins and operational efficiency through FY25 and FY26.

RPM's results for the second quarter of fiscal 2025 show improvements due to increased sales in all four segments and continued advancements in their MAP 2025 initiatives.

RPM International Inc. (NYSE:RPM) will hold its Q2 2025 Earnings Conference Call on January 7, 2025, at 10:00 AM ET. The call will feature company leaders, including Matthew Schlarb, Frank Sullivan, and Russell Gordon, along with various analysts from different financial institutions. Participants will be in listen-only mode during the call.

While the revenue and earnings per share (EPS) for RPM International (RPM) provide insight into its performance for the quarter ending in November 2024, it could be helpful to look at how these important figures stack up against Wall Street predictions and last year's results.

On Tuesday, RPM International, the parent company of Rust-Oleum and DayGlo, provided a cautious outlook, stating that challenging economic conditions and poor weather will negatively impact their results for the current quarter.

RPM International (RPM) reported quarterly earnings of $1.39 per share, which is higher than the Zacks Consensus Estimate of $1.35 per share. This is an increase compared to earnings of $1.22 per share from the same period last year.