RPM International (NYSE:RPM) reported its Q1 earnings results on Wednesday, October 5, 2022 at 06:45 AM.
Here's what investors need to know about the announcement.
The CNN Money Fear and Greed index showed further easing in the fear level after US stocks surged on Tuesday, extending gains recorded during the prior session.
Markets recorded a strong start to the month, with the S&P 500 notching its biggest two-session surge since March 2020.
Pre-open movers
U.S. stock futures traded lower in early pre-market trade on Wednesday after recording sharp gains in the previous session. The Dow Jones jumped by more than 800 points, while the Nasdaq Composite surged around 360 points on Tuesday. The S&P 500 also notched its biggest two-session surge since March 2020.
Companies Reporting Before The Bell
• Lamb Weston Hldgs (NYSE:LW) is projected to report quarterly earnings at $0.49 per share on revenue of $1.13 billion.
If history is any guide, there may be good fortune ahead for shares of RPM International (NYSE:RPM). A so-called "golden cross" has formed on its chart and, not surprisingly, this could be bullish for the stock.
RPM International Leans Into Price Increases For Record Results
RPM International (NYSE: RPM) reported a mixed quarter but gave favorable guidance that should help lift share prices over the next few months.