EARNINGS SUMMARY: Details of Overseas Shipholding Group Q4 Earnings Report

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RPM International Guides Q4 Net Sales Growth In Line With Estimates – Quick Facts

While reporting financial results for the third quarter on Wednesday, RPM International Inc. (RPM) provided sales growth guidance for the fourth quarter.

For the fourth quarter, the company now projects consolidated sales and adjusted EBIT growth in double digits, but expects adjusted EBIT growth to be below the rate of sales growth.

On average, 10 analysts polled by Thomson Reuters expect the company to report a net sales growth of 11.90 percent to $1.63 billion for the quarter.

The company added it expects that increased costs will be reflected in its results for the fourth quarter of fiscal 2021 and more significantly during fiscal 2022 and it is moving aggressively to offset these increased costs with commensurate selling price increases.

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Don Lemon Demonstrates Why Donald Trump Is The Irrefutable ‘King Of Cancel Culture’

CNN’s Don Lemon on Tuesday reeled off a long list of things that Donald Trump has attacked or called to be banned or boycotted to show why the former president is the real “king of cancel culture.”

Trump this week demanded his supporters boycott companies and organizations — including Coca-Cola and Major League Baseball — for opposing Georgia’s new voting restrictions.

Though he frequently echoes the right-wing cry against “cancel culture,” Trump is actually one of its biggest proponents, Lemon pointed out. The “CNN Tonight” anchor then filled the screen with the logos of companies that Trump has called for people to boycott over the years.

“The hypocrisy and the doublespeak and the shiny objects and the lying continues,” said Lemon. “Know your facts, people. It’s not cancel culture. Corporations are saying, ‘This doesn’t line up with our values.’ And now the former party of family values now has a problem with values. Interesting.”

Watch the video here:


Simply Goods Foods Q2 Profit Climbs

Simply Good Foods Co. (SMPL) Wednesday announced an increase in second-quarter net profit driven by a 1.5 percent increase in net sales.

The nutritional foods and snacking products company reported net income of $19.36 million from $10.66 million in the prior year. On a per-share basis, earnings were $0.19, up from $0.11 in the previous year. Adjusted earnings were $0.25 per share.

On average, 13 analysts polled by Thomson Reuters expected the company to report $0.22 per share. Analysts estimates typically exclude special items.

Net sales for the quarter climbed to $230.61 million from $227.10 million a year ago.

Looking ahead to the full year, the Company expects 2021 net sales in a range of $930 to 940 million and an Adjusted EBITDA of $180-185 million.

Adjusted earnings is expected in the range of $1.07 to $1.11 versus $0.91 in 2020

EARNINGS SUMMARY: Details of Overseas Shipholding Group Q4 Earnings Report

Below are the earnings highlights for Overseas Shipholding Group (OSG):

-Earnings: -$0.84 million in Q4 vs. $10.98 million in the same period last year.
-EPS: -$0.01 in Q4 vs. $0.12 in the same period last year.
-Revenue: $97.55 million in Q4 vs. $98.43 million in the same period last year.