Jul. 22 at 1:43 PM
$SHW Q2 adjusted earnings miss — what’s happening behind the scenes? 🤔
Adjusted earnings of
$3.38 missed the Zacks Consensus Estimate of
$3.76, with a slight 0.7% revenue rise. Paint Stores Group saw a 2.3% sales increase, but Consumer Brands lagged with a 4.1% drop due to weak DIY demand 📉.
Full breakdown here 👇 https://www.zacks.com/stock/news/2603659/sherwin-williams-q2-earnings-lag-estimates-revenues-beat?cid=sm-stocktwits-2-2603659-body-3014&ADID=SYND_STOCKTWITS_TWEET_2_2603659_BODY_3014