BUZZ-Sherwin-Williams falls on lower-than-expected 2025 profit forecast
ReutersJan 30, 2025 12:21 PM
Shares of paint maker Sherwin-Williams SHW.N down 2.3% at $352 premarket
Co forecasts 2025 adjusted earnings below market expectations on expected demand softness
SHW projects yearly adj. earnings of between $11.65 and 12.05 per share vs est. of $12.60 - LSEG data
"We expect demand softness to persist in several end markets well into the second half of the year, if not into 2026." CEO Heidi Petz says
Shares were up 11.6% in 2024
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