Is RPM International (RPM) a 'Buy' Heading into Q3 Earnings Announcement?

Coating and sealant manufacturer RPM International RPM is set to report fiscal third-quarter results on Tuesday before the opening bell. RPM International, a Zacks Rank #4 (Sell), has exceeded the earnings mark in each 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 52 cents per share, reflecting a breakeven performance relative to the same quarter last year. Sales are projected to have slightly decreased year-over-year to $1.51 billion.RPM’s business has been witnessing higher costs and expenses related to restructuring, divestitures, and labor inflation. Tepid sales projections and a high level of customer concentration are also major concerns.The company has delivered a trailing four-quarter average earnings surprise of 3.96%. Our proprietary Zacks Earnings ESP (Expected Surprise Prediction) indicator doesn’t conclusively predict another beat for the upcoming announcement.Zacks' Research Chief Names "Stock Most Likely to Double"Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.This top pick is among the most innovative financial firms. With a fast-growing customer base (already 50+ million) and a diverse set of cutting edge solutions, this stock is poised for big gains. 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 ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks