Published on 20 Apr 2023 on Zacks via Yahoo Finance

RPM International (RPM) Gains From MAP 2025 Amid Currency Risks

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RPM International Inc. RPM is benefiting from the implementation of MAP 2025 operational improvement initiative, increased infrastructure spending, and acquisitions and divestitures.Recently, RPM reported third-quarter fiscal 2023 (ended Feb 28, 2023) results, wherein its earnings and sales surpassed the Zacks Consensus Estimate by 23.3% and 3.5%, respectively. The growth was backed by the abovementioned tailwinds.However, this manufacturer and marketer of high-performance coatings, sealants and specialty chemicals is facing headwinds in the form of intense inflation, foreign exchange risks and adverse weather situations.

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