Investing.com - Sherwin-Williams (NYSE:SHW) reported fourth quarter earnings that missed analysts' expectations on Thursday and revenue that fell short of forecasts.
The firm reported earnings per share of $3.54 on revenue of $4.06B. Analysts polled by Investing.com anticipated EPS of $3.65 on revenue of $4.08B. That compared to EPS of $3.16 on revenue of $3.98B in the same period a year earlier. The company had reported EPS of $5.68 on revenue of $4.73B in the previous quarter.
For the year, Sherwin-Williams shares are up 2.99%, under-performing the S&P 500 which is up 8.65% year to date.
Sherwin-Williams follows other major Basic Materials sector earnings this month
On Thursday, DuPont reported fourth quarter EPS of $0.88 on revenue of $20.1B, compared to forecasts of EPS of $0.87 on revenue of $20.95B.
Air Products earnings missed analyst's expectations on Friday, January 25, 2019, with first quarter EPS of $1.86 on revenue of $2.22B. Investing.com analysts expected EPS of $1.87 on revenue of $2.26B
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