Skip to main content

Sherwin-Williams: Q1 Earnings Snapshot

CLEVELAND (AP) — CLEVELAND (AP) — Sherwin-Williams Co. (SHW) on Tuesday reported first-quarter profit of $534.7 million.

On a per-share basis, the Cleveland-based company said it had net income of $2.15. Earnings, adjusted for amortization costs, came to $2.35 per share.

The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $2.24 per share.

The paint and coatings maker posted revenue of $5.67 billion in the period, also exceeding Street forecasts. Five analysts surveyed by Zacks expected $5.57 billion.

Sherwin-Williams expects full-year earnings in the range of $11.50 to $11.90 per share.

_____

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

ING: Q2 Earnings Snapshot

AMSTERDAM (AP) — AMSTERDAM (AP) — ING Groep NV (ING) on Thursday reported net income of $2.26 billion in its second quarter. The Amsterdam-based bank said it had earnings of 79 cents per share. The financial services provider posted revenue of $7.31 billion in the period. Its revenue net of interest expense was $7.31 billion, surpassing Street forecasts. _____
Read Next Story