Sherwin Williams (NYSE:SHW)
Historical Stock Chart
6 Months : From Jun 2019 to Dec 2019
By Michael Dabaie
Sherwin-Williams Co. (SHW) shares were up 7% at $485.23 in heavier-than-average volume.
The Cleveland paint company posted second-quarter adjusted earnings-per-share of $6.57, compared to $5.73 a share last year. FactSet consensus was for $6.38.
Revenue came to $4.88 billion, up from $4.77 billion a year ago, the company said. That fell short of the $4.94 billion analysts were targeting.
For the third quarter, Sherwin-Williams said it sees consolidated net sales up by a low single-digit percentage. For 2019, the company guided for consolidated net sales to be up 2% to 4%. The company backed its 2019 adjusted EPS guidance of $20.40 to $21.40 per share.
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(END) Dow Jones Newswires
July 23, 2019 11:40 ET (15:40 GMT)
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