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Benzinga
Benzinga
Business
Anusuya Lahiri

Sherwin-Williams Falls As Q2 Profit Disappoints, Forecasts Trimmed With No Quick Demand Rebound In Sight

SherwinWilliams SHW
Scarborough,,Toronto,,Canada,-,November,6,,2021:,A,Sherwin-williams,Paint

Could a fresh coat of paint be losing its luster in the financial world? As Sherwin-Williams Co (NYSE:SHW) faces a surprising dip in its stock despite surpassing revenue expectations, the real story might be hidden in the fine print of its earnings report.

Sherwin-Williams stock declined on Tuesday after it reported its second-quarter results. The American paints and coatings company reported quarterly adjusted earnings per share of $3.38, below the Wall Street view of $3.81. 

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