RPM International Inc. RPM is scheduled to report second-quarter fiscal 2022 results (ended Nov 30) on Jan 5, before the opening bell.In the last reported quarter, the company’s earnings and sales topped the Zacks Consensus Estimate by 8% and 0.02%, respectively. On a year-over-year basis, earnings decreased 25% but net sales increased 2.7%.Trend in Estimate RevisionThe Zacks Consensus Estimate for the to-be-reported quarter’s earnings has been unchanged at 86 cents per share over the past 60 days. The estimated value indicates an 18.9% decrease from the year-ago earnings of $1.06 per share. The consensus mark for revenues is $1.58 billion, suggesting a 6.2% year-over-year improvement.RPM International Inc. Price and EPS Surprise RPM International Inc. price-eps-surprise | RPM International Inc. QuoteFactors to ConsiderFor the quarter to be reported, RPM International — which focuses on building restoration, renovation and innovation — anticipates sales to increase in mid-single digits from second-quarter fiscal 2021. It anticipates Construction Products Group, Performance Coatings Group and Specialty Products Group to witness sales growth in double digits. Yet, the company expects Consumer Group to witness a double-digit sales decline, given raw material shortages. Nevertheless, the Consumer Group’s second-quarter fiscal 2022 sales are anticipated to grow beyond the pre-pandemic level.Resilient housing and home improvement markets are expected to have aided revenues in the fiscal second quarter. Accretive buyouts and excellent momentum in the MAP to Growth program also added to the positives.Yet, the company has been facing the wrath of unprecedented supply-chain disruptions and raw materials, packaging-related inflation. It has also been witnessing additional overhead expenses resulting from the ongoing investments in capacity. This is anticipated to have put pressure on the bottom line.Importantly, rapidly escalating material costs and insufficient supply of raw materials have been compressing margins. Raw material inflation is expected to have impacted its bottom-line performance. Also, costs of all types of transportation such as rail, over-the-road, truck and ocean freight may have been headwinds.The company expects adjusted EBIT for second-quarter fiscal 2022 to decline 15-25% from the year-ago period.What Our Model IndicatesOur proven model does not conclusively predict an earnings beat for RPM International this time around. That is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. Unfortunately, that is not the case here, as you will see below.Earnings ESP: Its earnings ESP is 0.00%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.Zacks Rank: The company currently has a Zacks Rank #3.You can see the complete list of today’s Zacks #1 Rank stocks here.Stocks With Favorable CombinationAccording to our model, here are some companies that have the right combination of elements to post an earnings beat in their respective quarters to be reported.Acuity Brands, Inc. AYI has an Earnings ESP of +3.52% and a Zacks Rank #2.Earnings for the first quarter of fiscal 2022 are expected to increase 16.8% year over year. Earnings estimates have increased to $2.37 per share from $2.36 over the past 30 days.Thor Industries, Inc. THO has an Earnings ESP of +3.71% and a Zacks Rank #3.Earnings for the second quarter of fiscal 2022 are expected to increase 42.4% year over year. Earnings estimates have increased to $3.39 per share from $2.91 over the past 30 days.Williams-Sonoma, Inc. WSM has an Earnings ESP of +8.26% and a Zacks Rank #1.Earnings for the fourth quarter of fiscal 2021 are expected to increase 21.3% year over year. Earnings estimates have increased to $4.79 per share from $4.76 over the past 30 days. Zacks Top 10 Stocks for 2022 In addition to the investment ideas discussed above, would you like to know about our 10 top picks for the entirety of 2022? From inception in 2012 through November, the Zacks Top 10 Stocks gained an impressive +962.5% versus the S&P 500’s +329.4%. Now our Director of Research is combing through 4,000 companies covered by the Zacks Rank to handpick the best 10 tickers to buy and hold. Don’t miss your chance to get in on these stocks when they’re released on January 3.Be First To New Top 10 Stocks >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Thor Industries, Inc. (THO): Free Stock Analysis Report WilliamsSonoma, Inc. (WSM): Free Stock Analysis Report RPM International Inc. (RPM): Free Stock Analysis Report Acuity Brands Inc (AYI): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research