Sherwin-Williams (NYSE:SHW) Releases Earnings Results, Misses Expectations By $0.06 EPS
8 Articles
8 Articles
Sherwin-Williams earnings miss estimates as costs weigh
The FINANCIAL — Sherwin-Williams earnings missed analysts’ estimates on October 27 as higher costs weighed on the paintmaker’s third-quarter performance despite 7.9% sales growth. The NYSE-listed company, which trades under SHW, reported sales of $6.86 billion and adjusted diluted earnings of $3.63 per share. Net income fell 1.5% to $821 million, while reported diluted earnings […]
Sherwin-Williams recorded a fall in net profit in the third quarter, pressed by an adverse demand scenario and by the escalation in raw materials and logistics costs, which led Suvinil's owner to narrow her score projection range for the year. Exclusive material for subscribers. To have full access, access the link of the material and register.
Sherwin-Williams (NYSE:SHW) Releases Earnings Results, Misses Expectations By $0.06 EPS
Sherwin-Williams (NYSE:SHW - Get Free Report) issued its quarterly earnings data on Tuesday. The specialty chemicals company reported $3.63 EPS for the quarter, missing the consensus estimate of $3.69 by ($0.06). Sherwin-Williams had a net margin of 11.01% and a return on equity of 67.97%. The company had revenue of $6.86 billion during the quarter, compared to the consensus estimate of $6.78 billion. During the same period in the previous year,…
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