The "miss" is a non-cash asset charge, doesn't affect the distributions. They are well-hedged, read the whole report.
I like RPM very much, but don't think the near term macros will help share price. I sold my small (500 share) position for a nice profit, after owning for approx. 1.5 years.
I'm expecting a week quarter, then a re-bound when circumstances improve, and pent- up demand drives consumer segment results MUCH higher. just my thoughts.... GLTL
Lots of companies decline pre-announcement, can't say there is a pattern tied to results, it just kinda happens. The declining trend is real, though. I'm long, for long term.
Customers don't buy CPST equipment because it's "alternative". They buy it because it's the low cost, reliable power supply for their site, and because it takes care of an environmental problem (flaring gas), or issues with the supply of energy. I understand what you are saying, however what % of units sold are vulnerable to oil prices?
ITW is actively reducing the number of shares outstanding to improve EPS as part of the current enterprise initiative. Don't see the likelihood of a split in the near term. That would be a distraction.