The construction industry is still in lousy shape, whether an investor looks at the residential or commercial segments. That makes RPM International's (NYSE:RPM) performance all the more interesting; although volume is not strong, it is positive and the company seems to be holding its own despite no real tailwinds to help it along.
Beginning the Fiscal Year on a Good Note
RPM managed to get off to a good start for the fiscal year. Revenue rose more than 10% and the company surpassed the high end of the analyst estimate range. Top-line performance was balanced in terms of growth; the consumer business saw sales up 9% while industrial revenue rose almost 11%.
Read the full piece here:
http://stocks.investopedia.com/stock-analysis/2011/RPM-Still-Rolling-Ahead-RPM-SHW-VAL-LOW-KRA-AKOZY-PPG1005.aspx
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