Investing.com - Sherwin-Williams (NYSE:SHW) reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Sherwin-Williams announced earnings per share of $7.1 on revenue of $4.60B. Analysts polled by Investing.com anticipated EPS of $5.67 on revenue of $4.53B.
Sherwin-Williams shares are up 7.19% from the beginning of the year and are trading at $625.52 , down-from-52-week-high.They are outperforming the S&P 500 which is up 0.27% from the start of the year.
Sherwin-Williams follows other major Basic Materials sector earnings this month
Sherwin-Williams's report follows an earnings beat by Air Products on Thursday, who reported EPS of $2.01 on revenue of $2.07B, compared to forecasts EPS of $1.98 on revenue of $2.06B.
Dow had missed expectations on Thursday with second quarter EPS of $-0.26 on revenue of $8.35B, compared to forecast for EPS of $-0.25 on revenue of $8.04B.
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