Sherwin-Williams Stock Slips as 'Continued Softness' in DIY Demand Weighs on Results
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 3Q Adj EPS Short of Views on Weak DIY Demand
The Cleveland-based paint maker logged third-quarter earnings of $806.2 million, or $3.18 a share, up from $761.5 million, or $2.95 a share, a year earlier. Stripping out certain one-off items, Sherwin posted adjusted earnings of $3.37 a share, short of the average Wall Street target of $3.55 a share, as tallied by FactSet.
Sherwin-Williams sees ‘choppy’ demand in 1H25
Sherwin-Williams (SHW) says that while several signals “are beginning to move from red to yellow and some from yellow to green,”
Sherwin-Williams Stock Drops After Earnings Miss. CEO Cites Demand ‘Choppiness.’
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.
Sherwin-Williams Shares Edge Down on Choppy 3Q Demand, Unseen Effects of Rate Cuts
Sherwin-Williams shares edged down 4% after noting demand remains choppy and ripple effects from interest rates coming down haven't surfaced yet. Shares were trading around $366.50. The stock is up about 18% on the year.
Sherwin-Williams stock tumbles as Q3 earnings, annual guidance fall short
Sherwin-Williams (NYSE:SHW) saw its shares slide more than 8% in Tuesday’s premarket trading after the company reported worse-than-expected Q3 results. The company’s annual guidance also missed analyst expectations.
What's in Store for Sherwin-Williams Stock in Q3 Earnings?
The Sherwin-Williams Company SHW is scheduled to release third-quarter 2024 results before the opening bell on Oct. 22. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. The company beat the Zacks Consensus Estimate for earnings in three of the last four quarters while missing once,
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Sherwin-Williams names not 1, but 9 colors of the year in first-ever Color Capsule
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Sherwin Williams names 2025 color capsule of the year
Bosc Pear SW 6390: A quintessential color selection from the Wellspring palette of the 2025 Colormix® Forecast, this cinnamon ...
Sherwin-Williams Misses Q3 Expectations
Sherwin-Williams Q3 earnings fell short of expectations, but strategic growth initiatives continue to show promise.
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Sherwin-Williams Q3: 5% Price Increase In FY25, But Overvalued
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The Sherwin-Williams 2025 Color Capsule of the Year Is Effervescently Retro
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