Preview: Sherwin: Williams EPS, revenue seen climbing in Q3
BUZZ-PREVIEW: Sherwin-Williams EPS, revenue seen climbing in Q3 ** Shares of Sherwin-Williams Co SHW.N finish down 0.6% at $335.16 on Monday ahead of Q3 results due before the opening bell on Tuesday
** Analysts expect the paint and coatings maker's qtrly rev to rise 7% to $6.78 bln, with adj EPS seen at $3.68 vs $3.59 a yr ago, per LSEG
** SHW has met or beaten EPS estimates in six of past eight qtrs, with most recent miss in Q2 2025
** In July, the co raised its annual profit forecast and announced an 8% price hike for its Paint Stores Group segment to counter inflationary pressures
** The earnings come on the heels of a proposed $25 bln merger between rivals AkzoNobel AKZO.AS and Axalta AXTA.N, pointing to consolidation in the global coatings market
** Of the 28 analysts who cover Sherwin-Williams Co, the breakdown of recommendations is 15 "strong buy" or "buy" and 13 "hold" ratings
** Median price target of $396 is down from $398 a month ago
** SHW shares up ~3% YTD vs ~9% gain in Dow Industrials .DJI
(Reporting by Chuck Mikolajczak)
((charles.mikolajczak@tr.com; @chuckmik.bsky.social))
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