MEDINA, Ohio - RPM International Inc., a coatings and sealant company which makes home repair products, lifted its full-year outlook Thursday after reporting a 21 percent rise in fiscal third-quarter profit.
| RPM | 16.29 |
For the fiscal year ending in May, the company now expects earnings and sales to grow 10 percent to 12 percent over fiscal 2007. It previously anticipated sales growth of 8 percent to 10 percent.
The forecast implies 2008 earnings between $1.80 and $1.83 per share on revenue of $3.66 billion to $3.73 billion.
Analysts polled by Thomson Financial expect net income of $1.70 per share on sales of $3.63 billion.

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