Sherwin-Williams ($SHW) reported earnings for Q1 with an EPS of 2.17, missing the forecast of 2.22, and revenue of 5.37B, below the expected 5.5B. The market cap stands at 78.58B. Fiserv ($FI) posted an EPS of 1.88, beating the forecast of 1.79, but revenue was 4.54B, lower than the estimated 4.57B, with a market cap of 87.61B. Sherwin-Williams shares dropped by 6.7% pre-market as the CEO mentioned soft general industrial demand in all regions. The company's guidance was also light, leading to a 5% decline in pre-market trading.
$SHW (-4.0% pre) Sherwin-Williams Co (SHW) Q1 Earnings: Aligns with EPS Projections Amidst Sales Dip https://t.co/2NJEiu35B3
Sherwin Williams with a double miss. CEO: "General Industrial demand was soft in all regions." $SHW: -6.7% Pre-Market https://t.co/ht80r46Ljv
$SHW Sherwin Williams misses, guidance light. -5% pm. https://t.co/YbbzaXICBm