Sherwin-Williams Q3 2024 Adj. EPS $3.37 Misses $3.54 Estimate, Sales $6.162B Miss $6.201B Estimate
Portfolio Pulse from Benzinga Newsdesk
Sherwin-Williams reported its Q3 2024 financial results, with adjusted EPS of $3.37 missing the estimate of $3.54, and sales of $6.162 billion falling short of the expected $6.201 billion.
October 22, 2024 | 11:01 am
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NEGATIVE IMPACT
Sherwin-Williams' Q3 2024 earnings report showed a miss on both EPS and sales estimates, which could negatively impact the stock price in the short term.
The company's earnings per share and sales figures both missed analyst expectations, which typically leads to negative sentiment and potential downward pressure on the stock price. Investors may react unfavorably to the earnings miss, impacting the stock negatively in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100