Investing.com - Sherwin-Williams (NYSE:SHW) reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Sherwin-Williams announced earnings per share of $2.06 on revenue of $4.66B. Analysts polled by Investing.com anticipated EPS of $1.64 on revenue of $4.51B.
Sherwin-Williams shares are down 63.32% from the beginning of the year and are trading at $269.54 , down-from-52-week-high.They are under-performing the S&P 500 which is up 11.53% from the start of the year.
Sherwin-Williams follows other major Basic Materials sector earnings this month
Sherwin-Williams's report follows an earnings missed by Freeport-McMoran on Thursday, who reported EPS of $0.51 on revenue of $4.85B, compared to forecasts EPS of $0.512 on revenue of $4.87B.
Dow had beat expectations on Thursday with first quarter EPS of $1.36 on revenue of $11.88B, compared to forecast for EPS of $1.14 on revenue of $11.09B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar