CLEVELAND (AP) — CLEVELAND (AP) — Sherwin-Williams Co. (SHW) on Tuesday reported first-quarter profit of $505.2 million.
The Cleveland-based company said it had profit of $1.97 per share. Earnings, adjusted for costs related to mergers and acquisitions, were $2.17 per share.
The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $2.25 per share.
The paint and coatings maker posted revenue of $5.37 billion in the period, which also did not meet Street forecasts. Four analysts surveyed by Zacks expected $5.51 billion.
Sherwin-Williams expects full-year earnings in the range of $10.85 to $11.35 per share.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SHW at https://www.zacks.com/ap/SHW
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