Oct 22, 12:30 PM

Sherwin-Williams Stock Drops 7.5% After Earnings Miss, -6.3% Pre-Market

Sherwin-Williams reported earnings per share (EPS) of $3.37, falling short of the forecasted $3.55. Revenue also missed expectations, coming in at $6.16 billion compared to the anticipated $6.2 billion. The company's stock dropped 7.5% following the earnings miss, with a pre-market decline of 6.3%. CEO cited 'demand choppiness' as a contributing factor to the weak performance. The market cap of Sherwin-Williams is currently $96.3 billion.

Written with ChatGPT (GPT-4o).

Sources

Barron's@barronsonline
1 year ago
Sherwin-Williams Stock Drops After Earnings Miss. CEO Cites Demand ‘Choppiness.’ https://t.co/N0c4CK5V31
CG@ConsensusGurus
1 year ago
Oh look - more big ticket consumer discretionary data points that paint a weakening housing market picture: SHERWIN-WILLIAMS $SHW SHARES FALL 7.5% AS EPS MISSES ESTIMATES
Reuters Business@ReutersBiz
1 year ago
Industrial paintmaker Sherwin-Williams profit misses estimates on weak demand https://t.co/hompeu2ZIf https://t.co/ARJ4krX3f2

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Sherwin-Williams Stock Drops 7.5% After Earnings Miss, -6.3% Pre-Market

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