Sherwin-Williams Co Bottom Line Declines 18% In Q3

(RTTNews) - Sherwin-Williams Co (SHW) announced earnings for third quarter that retreated from last year.

The company said its profit fell to $316.61 million, or $3.33 per share. This was lower than $386.73 million, or $4.08 per share, in last year's third quarter.

The company said revenue for the quarter rose 37.5% to $4.51 billion. This was up from $3.28 billion last year.

Sherwin-Williams Co earnings at a glance:

-Earnings (Q3): $316.61 Mln. vs. $386.73 Mln. last year. -Earnings Decline (Y-o-Y): -18.1% -EPS (Q3): $3.33 vs. $4.08 last year. -EPS Decline (Y-o-Y): -18.4% -Revenue (Q3): $4.51 Bln vs. $3.28 Bln last year. -Revenue Change (Y-o-Y): 37.5%

-Guidance: Next quarter EPS guidance: $1.97 - $2.27 Full year EPS guidance: $11.20 - $11.50