Latest news with #SherwinWilliams
Yahoo
3 days ago
- Business
- Yahoo
What To Expect From UFP Industries's (UFPI) Q2 Earnings
Building materials manufacturer UFP Industries (NASDAQ:UFPI) will be reporting results this Monday after the bell. Here's what you need to know. UFP Industries missed analysts' revenue expectations by 1.9% last quarter, reporting revenues of $1.60 billion, down 2.7% year on year. It was a disappointing quarter for the company, with a significant miss of analysts' adjusted operating income estimates and a significant miss of analysts' EBITDA estimates. Is UFP Industries a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting UFP Industries's revenue to decline 1.7% year on year to $1.87 billion, improving from the 6.9% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.84 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. UFP Industries has missed Wall Street's revenue estimates six times over the last two years. Looking at UFP Industries's peers in the building products segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Valmont delivered year-on-year revenue growth of 1%, beating analysts' expectations by 1.7%, and Sherwin-Williams reported flat revenue, in line with consensus estimates. Valmont traded up 7.9% following the results while Sherwin-Williams's stock price was unchanged. Read our full analysis of Valmont's results here and Sherwin-Williams's results here. There has been positive sentiment among investors in the building products segment, with share prices up 6.7% on average over the last month. UFP Industries is up 4.2% during the same time and is heading into earnings with an average analyst price target of $118.40 (compared to the current share price of $104). When a company has more cash than it knows what to do with, buying back its own shares can make a lot of sense–as long as the price is right. Luckily, we've found one, a low-priced stock that is gushing free cash flow AND buying back shares. Click here to claim your Special Free Report on a fallen angel growth story that is already recovering from a setback. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
6 days ago
- Business
- Yahoo
Sherwin-Williams Cuts Guidance as Quarterly Earnings Surprisingly Drop Amid Sluggish Demand
Sherwin-Williams (SHW) lowered its full-year outlook on Tuesday as the company's second-quarter earn Sign in to access your portfolio
Yahoo
22-07-2025
- Business
- Yahoo
Sherwin-Williams cuts outlook, Philip Morris raises outlook
Yahoo Finance anchor Josh Lipton tracks today's top moving stocks and biggest market stories in this Market Minute. Sherwin-Williams (SHW) reported a miss for the second quarter and cut its full-year guidance. Philip Morris (PM) mostly topped second quarter estimates but fell short on organic revenue growth expectations. The company also raised its full-year profit forecast. Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute. It's time for Yahoo! Finance's Market Minute. U.S. stocks wavering after notching new all-time highs in the prior trading day. Wall Street combing through a fresh wave of earnings that brought a tariff warning from General Motors. Market also getting weighed down by decline in chip stocks. And Sherwin-Williams reporting a miss on earnings for the second quarter, the company noting demand was softer than anticipated through June, adding that it does not see catalyst to change that trajectory at this time. Softer demand leading to Sherwin-Williams adjusting its full-year guidance downward. And Philip Morris International that topped earnings estimates but falling short for organic revenue growth expectations for the second quarter. Company shipments of its Zen nicotine pouches also missing expectations. Looking ahead, Philip Morris did raise its full-year profit forecast. And that's your Yahoo! Finance market minute. For more on what's trending, scan the QR code below to track the best and worst performing stocks of the session. Related Videos Homebuilder stocks, Coca-Cola earnings, Kohl's stock skyrockets Circle stock gets hit with another Sell rating. Here's why. Big Tech earnings: Why this 'common thread' will be 'key' Meme stock rally heats up: Kohl's stock soars Sign in to access your portfolio
Yahoo
22-07-2025
- Business
- Yahoo
Sherwin-Williams' Q2 Earnings Lag Estimates, Revenues Beat
The Sherwin-Williams Company SHW logged second-quarter 2025 earnings (as reported) of $3 per share, down around 14.3% from $3.50 in the year-ago one-time items, adjusted earnings were $3.38 per share, which missed the Zacks Consensus Estimate of $ posted revenues of $6,314.5 million, up around 0.7% year over year. The figure beat the Zacks Consensus Estimate of $6,284 million. The Sherwin-Williams Company Price, Consensus and EPS Surprise The Sherwin-Williams Company price-consensus-eps-surprise-chart | The Sherwin-Williams Company Quote Segmental Review The Paint Stores Group segment registered net sales of $3,702.2 million in the second quarter, up around 2.3% year over year. The figure beat the Zacks Consensus Estimate of $3,685.4 million. The segment's net sales grew by a mid-single digit percentage due to higher selling prices, somewhat offset by a low-single digit fall in sales in the Consumer Brands Group segment declined 4.1% year over year to $809.4 million, missing the consensus estimate of $821.3 million. The segment's net sales decreased due to soft DIY demand in North America and a 2% impact from unfavorable foreign currency translation, mainly in Latin America. However, increased net sales in Europe partially offset the sales in the Performance Coatings Group declined roughly 0.3% year over year to around $1,801.1 million in the reported quarter, beating the consensus estimate of $1,770.5 million. The segment's net sales were flat, with increased sales from acquisitions offset by lower selling prices due to product mix. Financials During the first six months of 2025, the company generated $1.05 billion in net operating cash and returned $1.27 billion to shareholders through dividends and stock repurchases of 2.5 million shares. As of June 30, 2025, the company had the authorization to buy back 32 million shares of its common stock through open market purchases. Outlook For the third quarter and full-year 2025, the company anticipates net sales to be up or down by a low-single-digit percentage, reflecting a relatively stable revenue outlook. The effective tax rate is expected to be in the low 20% range for 2025. Net income per share is projected to range between $10.11 and $10.41, while adjusted net income per share is forecasted in the band of $11.20 to $11.50 for the full year. Price Performance Shares of Sherwin-Williams have lost 0.9% in the past year compared with a 2.4% decline of the industry. Image Source: Zacks Investment Research SHW's Zacks Rank & Key Picks SHW currently carries a Zacks Rank #3 (Hold).Better-ranked stocks worth a look in the basic materials space include Royal Gold, Inc. RGLD, Kinross Gold Corporation KGC and Agnico Eagle Mines Gold is slated to report second-quarter results on Aug 6. The Zacks Consensus Estimate for earnings is pegged at $1.70. RGLD beat the Zacks Consensus Estimate in each of the last four quarters, with the average earnings surprise being 9%. RGLD carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks is scheduled to report second-quarter results on July 30. The Zacks Consensus Estimate for KGC's second-quarter earnings is pegged at 27 cents. KGC beat the Zacks Consensus Estimate in three of the last four quarters, with the average earnings surprise being 16.1%. KGC currently carries a Zacks Rank # Eagle is slated to report second-quarter results on July 30. The consensus estimate for AEM's earnings is pegged at $1.66. AEM, carrying a Zacks Rank #1, beat the consensus estimate in each of the last four quarters, with the average earnings surprise being 12.3%. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The Sherwin-Williams Company (SHW) : Free Stock Analysis Report Kinross Gold Corporation (KGC) : Free Stock Analysis Report Agnico Eagle Mines Limited (AEM) : Free Stock Analysis Report Royal Gold, Inc. (RGLD) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
22-07-2025
- Business
- Yahoo
Why Sherwin-Williams (SHW) Stock Is Falling Today
What Happened? Shares of paint and coating manufacturer Sherwin-Williams (NYSE:SHW) fell 3.3% in the morning session after the company reported its second-quarter financial results and lowered its full-year earnings guidance. The paint and coatings manufacturer missed Wall Street's expectations for second-quarter adjusted earnings per share, reporting $3.38 against an anticipated $3.76 to $3.81. While revenue of $6.31 billion was in line with forecasts, the company's profitability declined. Diluted net income per share fell 14.3% to $3.00 compared to the prior year. Citing a "choppy" and "softer for longer" demand environment, Sherwin-Williams cut its full-year adjusted earnings per share forecast to a range of $11.20 to $11.50, down from a previous, more optimistic outlook. The company noted that it expects demand weakness to persist or even worsen in the second half of the year. Higher-than-expected restructuring costs and expenses related to its new headquarters also impacted the quarter's results. The guidance cut signaled to investors that macroeconomic headwinds are affecting consumer and commercial demand in housing and construction markets. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy Sherwin-Williams? Access our full analysis report here, it's free. What Is The Market Telling Us Sherwin-Williams's shares are not very volatile and have only had 4 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful, although it might not be something that would fundamentally change its perception of the business. The biggest move we wrote about over the last year was 9 months ago when the stock dropped 9% on the news that the company reported underwhelming third-quarter earnings results, with EBITDA and EPS falling short of Wall Street's estimates. Revenue was also underwhelming and came in approximately in line with expectations, as management called out "choppiness in the demand environment." Overall, this was a softer quarter. Sherwin-Williams is down 0.2% since the beginning of the year, and at $332.50 per share, it is trading 16.8% below its 52-week high of $399.71 from November 2024. Investors who bought $1,000 worth of Sherwin-Williams's shares 5 years ago would now be looking at an investment worth $1,594. Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. Sign in to access your portfolio
