Sherwin-Williams (SHW) Misses Q2 EPS by 36c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 11/4/2026
Go back to Sherwin-Williams (SHW) Misses Q2 EPS by 36c
July 27, 2022 12:53 PM EDT
Shares of Sherwin-Williams (NYSE: SHW) dropped over 10% Wednesday following the company's second-quarter earnings report.
SHW missed consensus estimates, posting earnings of $2.41 per share, $0.36 worse than expectations of $2.77. Revenue for the quarter also missed forecasts, coming in at $5.87 billion versus the consensus estimate of $6.03 billion.
SHW shares hit a low of $220.74... More
July 27, 2022 8:46 AM EDT
Morgan Stanley analyst Vicent Andrews reiterated an Overweight rating and $330.00 price target on Sherwin-Williams (NYSE: SHW).
The analyst comments "We expect a negative response to both results and outlook, particularly given the company recently reiterated both quarterly and full year guidance at the June 8... More
July 27, 2022 8:44 AM EDT
Credit Suisse analyst John Roberts lowered the price target on Sherwin-Williams (NYSE: SHW) to $225.00 (from $245.00) while maintaining a Underperform rating.
The analyst comments "PT reduced to $225 from $245. 2023e EPS reduced to $10.50 from $10.85. NTM EBITDA rolls forward to ~$4.3B (end JunQ24E) from ~$4.25B... More
