Shares of paint and coatings supplier Sherwin-Williams ( SHW 0.37%) dropped as much as almost 5% after it reported third-quarter earnings today. The company missed Wall Street analyst expectations for both earnings per share and revenue.

Q3 earnings report sparked a knee-jerk reaction in the market, opening a significant opportunity for investors. While the results did not match analysts' and market expectations, the diversified paint and coating business sustained growth and indicated business health will persist in 2025.

Sherwin-Williams stock has produced such steady returns over the past 15 years that it’s been almost like watching the paint dry—which is why Tuesday’s large earnings-inspired decline was so disconcerting.

Sherwin-Williams Q3 earnings fell short of expectations, but strategic growth initiatives continue to show promise.

Sherwin-Williams shares slipped Tuesday after the paint manufacturer's third-quarter earnings missed estimates as demand in the do-it-yourself painting market slumped.

Sherwin-Williams missed earnings estimates, showing signs of an exhausted uptrend and potential for a significant selloff. Read my SHW earnings analysis here.

Shares of Sherwin-Williams were trading lower after the paints and coatings company filed disappointing quarterly results. Sherwin stock fell 5.2% to $362.01 in premarket trading Tuesday, while futures tracking the S&P 500 are down 0.