The Sherwin-Williams Company (SHW), with a market cap of $96.5 billion, is a leading manufacturer in the paints and coatings industry. Based in Cleveland, Ohio, the company develops, manufactures, and sells a diverse range of products for professional, industrial, commercial, and retail customers. The company is slated to announce its fiscal Q3 earnings results before the market opens on Tuesday, Oct. 22.
Prior to the event, analysts anticipate the paint and coatings maker to report a profit of $3.55 per share, up 10.9% from $3.20 per share in the same quarter last year. The company has surpassed Wall Street's bottom-line estimates in three of the past four quarters while missing on one other occasion. In the most recent quarter, SHW exceeded the consensus estimate by 5.4%.
