Sherwin-Williams (SHW) Q2 Earnings Report Preview: What To Look For\n\nSherwin-Williams (NYSE:SHW) will be reporting results this Tuesday before market hours. Here’s what to expect. Sherwin-Williams missed analysts’ revenue expectations by 1.6% last quarter, reporting revenues of $5.31 billion, down 1.1% year on year. It was a mixed quarter for the company, with an impressive beat of analysts’ adjusted operating income estimates but a miss of analysts’ organic revenue estimates.\n\nThis quarter, analysts are expecting Sherwin-Williams’s revenue to be flat year on year at $6.29 billion, in line with its flat revenue from the same quarter last year. Adjusted earnings are expected to come in at $3.81 per share.\n\nSherwin-Williams Total Revenue Heading into earnings, analysts covering the company have grown increasingly bearish with revenue estimates seeing 7 downward revisions over the last 30 days (we track 17 analysts). Sherwin-Williams has missed Wall Street’s revenue estimates five times over the last two years.\n\nLooking at Sherwin-Williams’s peers in the building products segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Insteel delivered year-on-year revenue growth of 23.4%, beating analysts’ expectations by 2.2%, and AZZ reported revenues up 2.1%, falling short of estimates by 3.2%. Insteel traded down 5.8% following the results while AZZ was up 5.2%.\n\nThere has been positive sentiment among investors in the building products segment, with share prices up 6.5% on average over the last month. Sherwin-Williams is down 1.1% during the same time and is heading into earnings with an average analyst price target of $377.02 (compared to the current share price of $340.07).

Sherwin-Williams (SHW) Q2 Earnings Report Preview: What To Look For

Sherwin-Williams (SHW) is set to report Q2 earnings, with analysts expecting flat year-on-year revenue of $6.29 billion and adjusted earnings of $3.81 per share. The company missed revenue estimates in Q1 but beat adjusted operating income estimates. Peer companies like Insteel and AZZ showed mixed performance, with Insteel outperforming and AZZ underperforming expectations. Investor sentiment in the building products sector is mixed, with Sherwin-Williams lagging behind peers.