Sherwin-Williams Shares Drop Over 5% After Q3 Earn…

From Financial Modeling Prep: 2024-10-22 15:58:00

Sherwin-Williams (NYSE:SHW) shares dropped over 5% after disappointing Q3 results and a lower annual outlook. Q3 2024 EPS was $3.37, missing the $3.55 estimate, with revenue at $6.16 billion, below the $6.2 billion projection. Consumer Brands Group exceeded expectations with $790.5 million in net sales, while Performance Coatings Group fell short at $1.72 billion. Full-year EPS guidance revised to $11.10-$11.40, below the $11.50 estimate.



Read more at Financial Modeling Prep:: Sherwin-Williams Shares Drop Over 5% After Q3 Earn…