The Sherwin-Williams Company (NYSE:SHW) reported worse-than-expected second-quarter earnings results and cut its FY25 EPS and adjusted EPS guidance below estimates on Tuesday.
The American paints and coatings company reported quarterly adjusted earnings per share of $3.38, below the Wall Street view of $3.81. Quarterly revenue of $6.31 billion beat the analyst consensus of $6.30 billion.
Sherwin-Williams expects third-quarter revenue to be up or down a low-single-digit percentage compared to the third quarter of 2024.
The company lowered its 2025 adjusted EPS guidance to $11.20-$11.50 (prior $11.65-$12.05), compared to the $11.88 analyst consensus estimate. It expects consolidated net sales to be up or down by a low single-digit percentage compared to full-year 2024 (prior low single-digit percentage range).
Sherwin-Williams lowered 2025 GAAP EPS guidance to $10.11-$10.41 (prior $10.70-$11.10) versus $11.09 analyst consensus estimate.
Sherwin-Williams shares gained 1% to trade at $343.45 on Wednesday.
These analysts made changes to their price targets on Sherwin-Williams following earnings announcement.
Considering buying SHW stock? Here’s what analysts think:
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