Is RPM International (RPM) A Buy Heading into Q2 Earnings Announcement?

Coating and sealant manufacturer RPM International RPM is set to report fiscal second-quarter results on Tuesday before the opening bell. RPM International, a Zacks Rank #2 (Buy), has exceeded the earnings mark in three of the past four quarters. With the stock pulling back from its November highs, is RPM International a buy prior to the release?Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Analysts are expecting the company to post quarterly earnings of $1.35 per share, reflecting a 10.7% improvement relative to the same quarter last year. Sales are projected to have slightly decreased year-over-year to $1.78 billion.RPM is benefitting from continued growth in high-performance building construction and renovation. The government’s effort to boost US infrastructure has generated demand for RPM’s products.The company has delivered a trailing four-quarter average earnings surprise of 3.02%. Our proprietary Zacks Earnings ESP (Expected Surprise Prediction) indicator doesn’t conclusively predict another beat for the upcoming announcement.Research Chief Names "Single Best Pick to Double"From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.This company targets millennial and Gen Z audiences, generating nearly $1 billion in revenue last quarter alone. A recent pullback makes now an ideal time to jump aboard. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.Free: See Our Top Stock And 4 Runners UpWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report RPM International Inc. (RPM): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks