Analyst Consensus ?
ConsensusBuy22 ratings
Bullish1777.3%
Neutral522.7%
Bearish00.0%
RPM International Inc. · RPM · FY2026 Q2 · Calendar Q1 2026
RPM maintains outlook as SG&A program targets margin recovery
The current evidence is mixed for a durable growth-and-demand thesis: record sales, acquisition activity and high-performance building demand support growth, while below-estimate EPS and revenue, margin pressure and soft DIY demand temper the case. The maintained outlook makes execution of MAP 3.0 and volume recovery central to the next phase.
Reported Before market openNYSEBasic Materials
$12.56B market cap
100quality score
Earnings scorecard
Reported versus consensus
Reported EPS
$1.20
Consensus $1.41
EPS surprise
-14.9%
Reported versus consensus
Reported revenue
$1.91B
Consensus $1.93B
Revenue surprise
-0.9%
Reported versus consensus
Market reaction
prior-close to event-session close
Stock move
+1.7%
Event window
SPY move
-0.0%
Same window
Abnormal move
+1.7%
Stock minus SPY
Volume
3.1×
Versus trailing sessions
Subsequent drift
+9.7%
Up to 20 sessions
RPMSPY benchmark
Ask FN2 about RPM FY2026 Q2
Transcript, numbers and history already loaded
Why did RPM rise 1.7% after missing EPS estimates in FY2026 Q2?What changed in RPM's guidance and outlook in FY2026 Q2?Give me the bull and bear case for RPM after FY2026 Q2 earnings.
Free account. Your question opens in FN2 with this report's transcript and numbers attached.
Transcript intelligence
What changed
RPM shifted the near-term focus toward executing its $100 million MAP 3.0 SG&A optimization plan, integrating acquisitions and addressing margin pressure. Management also disclosed a planned Kalzip acquisition and a $12.7 million reversal of The Pink Stuff earn-out liability.
Guidance delta
Management maintained its outlook for mid-single-digit sales growth and single-digit EBIT improvement, with growth tied to acquisitions and high-performance building opportunities.
Key takeaways
- Record sales continued despite soft DIY demand and longer construction lead times.
- MAP 3.0 is intended to deliver $100 million of SG&A optimization, with $5 million realized and $75 million expected in FY27.
- Cash generation supported debt reduction, shareholder returns and a 52nd consecutive dividend increase.
- The quarter included a $12.7 million reversal of the The Pink Stuff earn-out liability after sales forecasts were not met.
Management priorities
- Execute the MAP 3.0 SG&A restructuring program
- Integrate recent acquisitions, including Kalzip
- Invest in innovation and expand the technical sales force
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Estimate
Beat
Miss
Match
Analyst 52W Price Targets
$98.31Current
$107Low
$128.85Average
$151High
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Oct 7, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| Wells Fargo | Overweight | Overweight | Maintain | Oct 5, 2026 |
| Morgan Stanley | Equal Weight | Equal Weight | Maintain | Sep 28, 2026 |
| RBC Capital | Outperform | Outperform | Maintain | Jul 23, 2026 |
| BMO Capital | Outperform | Outperform | Maintain | Jul 23, 2026 |
| B of A Securities | Buy | Buy | Maintain | Jul 23, 2026 |
| Fermium Research | Buy | Hold | Upgrade | Jul 22, 2026 |
| Citigroup | Buy | Buy | Maintain | May 29, 2026 |
| UBS | Buy | Neutral | Upgrade | May 27, 2026 |
| Mizuho | Outperform | Outperform | Maintain | Mar 23, 2026 |
| Baird | Outperform | Neutral | Upgrade | Mar 4, 2026 |
| Deutsche Bank | Buy | Buy | Maintain | Jan 12, 2026 |
| JP Morgan | Overweight | Neutral | Upgrade | Jan 9, 2026 |
| Evercore ISI Group | Outperform | Outperform | Maintain | Nov 11, 2025 |
| Seaport Global | Buy | Buy | Maintain | Oct 3, 2024 |
| Keybanc | Equal Weight | Sector Weight | Maintain | Dec 14, 2022 |
| Credit Suisse | Outperform | Outperform | Maintain | Jun 27, 2022 |
| Vertical Research | Hold | Buy | Downgrade | Nov 24, 2021 |
| Vertical Group | Hold | Sell | Upgrade | Oct 3, 2019 |
| Bank of America | Buy | Neutral | Upgrade | Jul 18, 2018 |
| PiperJaffray | Overweight | Overweight | Maintain | Mar 9, 2015 |
| Piper Sandler | Overweight | Overweight | Maintain | Mar 9, 2015 |
| Oppenheimer | Perform | Underperform | Upgrade | Jan 15, 2013 |
Named analyst price targets
Upside is calculated against the persisted current price $98.31. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| Wells Fargo | Analyst unavailable | $130 | $99.19 | +32.2% | Oct 5, 2026 |
| KeyBanc | Analyst unavailable | $123 | $99.31 | +25.1% | Sep 11, 2026 |
| Seaport Global | Analyst unavailable | $145 | $103.14 | +47.5% | Jul 23, 2026 |
| UBS | Analyst unavailable | $142 | $103.32 | +44.4% | Jul 23, 2026 |
| RBC Capital | Analyst unavailable | $128 | $103.32 | +30.2% | Jul 23, 2026 |
| Morgan Stanley | Analyst unavailable | $117 | $103.57 | +19.0% | Jul 23, 2026 |
| BMO Capital | John McNulty | $151 | $103.74 | +53.6% | Jul 23, 2026 |
| Fermium Research | Frank Mitsch | $124 | $107.43 | +26.1% | Jul 22, 2026 |
| BMO Capital | Analyst unavailable | $143 | $111.62 | +45.5% | Jul 6, 2026 |
| UBS | Joshua Spector | $130 | $102.9 | +32.2% | May 27, 2026 |
| UBS | Joshua Spector | $118 | $109.79 | +20.0% | Apr 10, 2026 |
| Morgan Stanley | Vincent Andrews | $121 | $110.97 | +23.1% | Apr 9, 2026 |
| Robert W. Baird | Ghansham Panjabi | $125 | $108.92 | +27.1% | Mar 4, 2026 |
| Deutsche Bank | David Begleiter | $126 | $112.64 | +28.2% | Jan 12, 2026 |
| Morgan Stanley | Analyst unavailable | $118 | $109 | +20.0% | Jan 9, 2026 |
| RBC Capital | Analyst unavailable | $126 | $106.61 | +28.2% | Jan 9, 2026 |
| Morgan Stanley | Vincent Andrews | $124 | $106.78 | +26.1% | Jan 8, 2026 |
| Mizuho Securities | John Roberts | $120 | $107.35 | +22.1% | Jan 8, 2026 |
| UBS | Analyst unavailable | $119 | $108 | +21.0% | Dec 18, 2025 |
| RBC Capital | Arun Viswanathan | $132 | $102.63 | +34.3% | Dec 9, 2025 |
| RBC Capital | Arun Viswanathan | $121 | $116.83 | +23.1% | Oct 6, 2025 |
| BMO Capital | John McNulty | $140 | $115.72 | +42.4% | Jun 6, 2025 |
| UBS | Joshua Spector | $110 | $104.97 | +11.9% | Apr 24, 2025 |
| Mizuho Securities | John Roberts | $140 | $121.74 | +42.4% | Jan 8, 2025 |
| Evercore ISI | Eric Boyes | $145 | $131.42 | +47.5% | Dec 17, 2024 |
| Bank of America Securities | Steve Byrne | $122 | $127.46 | +24.1% | Oct 3, 2024 |
| BMO Capital | John McNulty | $149 | $127.46 | +51.6% | Oct 3, 2024 |
| J.P. Morgan | Jeffrey Zekauskas | $120 | $120.09 | +22.1% | Oct 2, 2024 |
| BMO Capital | John McNulty | $139 | $115.43 | +41.4% | Aug 26, 2024 |
| Mizuho Securities | John Roberts | $134 | $117.47 | +36.3% | Jul 26, 2024 |
| RBC Capital | Arun Viswanathan | $120 | $118.29 | +22.1% | Jul 26, 2024 |
| Vertical Research | Kevin McCarthy | $126 | $111.04 | +28.2% | Jul 16, 2024 |
| Robert W. Baird | Ghansham Panjabi | $120 | $111.69 | +22.1% | Apr 5, 2024 |
| Mizuho Securities | John Roberts | $136 | $111.69 | +38.3% | Apr 5, 2024 |
| BMO Capital | John McNulty | $123 | $111.69 | +25.1% | Apr 5, 2024 |
| UBS | Joshua Spector | $122 | $111.69 | +24.1% | Apr 4, 2024 |
| UBS | Joshua Spector | $121 | $118.52 | +23.1% | Apr 4, 2024 |
| Morgan Stanley | Vincent Sinisi | $107 | $94.43 | +8.8% | Oct 3, 2023 |
| BMO Capital | Analyst unavailable | $112 | $85.87 | +13.9% | Jan 6, 2023 |
| BMO Capital | Analyst unavailable | $111 | $96.32 | +12.9% | Aug 25, 2022 |
| Vertical Research | Kevin McCarthy | $96 | $92.96 | -2.3% | Nov 24, 2021 |
Track every rating change on RPM the moment it posts. Free to start.
Start freeCompany context
Snapshot as of publicationRPM International Inc. provides specialty chemicals for the construction, industrial, specialty, and consumer markets. It operates in four segments: CPG, PCG, Consumer, and SPG. The company offers waterproofing, coating, and traditional roofing systems; sealants, air barriers, tapes, and foams; residential home weatherization systems; roofing and building maintenance services; sealing and bonding, subfloor preparation, flooring, and glazing solutions; resin flooring systems, polyurethane, MMA waterproof, epoxy floor paint and coatings, concrete repair, and protection products; fire stopping and intumescent steel coating, and manufacturing industry solutions; and rolled asphalt roofing materials and chemical admixtures.…
Historical context
All RPM earningsBasic Materials peers this season
Latest reports in the same sector| Company | Quarter | EPS surprise | Market move | Headline |
|---|---|---|---|---|
| HMY Harmony Gold Mining Company Limited | FY2026 Q4 · Calendar Q3 2026 | 0.0% | -6.2% | Harmony Gold posts record FY2026 while Eva Copper risks remain |
Latest beats and misses
Who reports nextBeat on EPS
- LWFY2027 Q1 · October 6, 2026+27.8% EPS+7.5% move
- RPMFY2027 Q1 · October 6, 2026+1.5% EPS+3.2% move
- ACNFY2026 Q4 · October 1, 2026+3.5% EPS+15.8% move
- MKCFY2026 Q3 · October 1, 2026+13.9% EPS-4.9% move
- NKEFY2027 Q1 · October 1, 2026+10.0% EPS-0.7% move
- CAGFY2027 Q1 · September 30, 2026+44.4% EPS-4.9% move
Get the RPM recap when the next report posts
One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.
Sources
- Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
- FN2 earnings calendar · 2026-07-26T00:37:12.209961+00:00
- Polygon adjusted daily market bars · 2026-10-07T03:40:41.429383+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-07T03:40:41.426844+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-10-07. For educational purposes only; not investment advice.