Sherwin-Williams: Q4 Earnings Snapshot
By AP News
Published - Jan 25, 2024, 07:18 AM ET
Last Updated - Jan 25, 2024, 07:18 AM EST
CLEVELAND (AP) — CLEVELAND (AP) — Sherwin-Williams Co. (SHW) on Thursday reported fourth-quarter profit of $356.2 million.
The Cleveland-based company said it had net income of $1.39 per share. Earnings, adjusted for amortization costs and non-recurring costs, came to $1.81 per share.
The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.80 per share.
The paint and coatings maker posted revenue of $5.25 billion in the period, also topping Street forecasts. Five analysts surveyed by Zacks expected $5.21 billion.
