Investing.com - Sherwin-Williams (NYSE:SHW) reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Sherwin-Williams announced earnings per share of $5.09 on revenue of $4.49B. Analysts polled by Investing.com anticipated EPS of $4.85 on revenue of $4.34B.
Sherwin-Williams shares are down 3% from the beginning of the year and are trading at $717.54 , down-from-52-week-high.They are under-performing the S&P Global 100 which is up 1.8% 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 Southern Copper on Monday, who reported EPS of $0.76 on revenue of $2.35B, compared to forecasts EPS of $0.7088 on revenue of $2.03B.
Dow had beat expectations on Thursday with fourth quarter EPS of $0.81 on revenue of $10.71B, compared to forecast for EPS of $0.6612 on revenue of $10B.
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