- Sherwin-Williams Company (SHW) rebukes 5.15% on Tuesday, quoting at the time of writing about 349.32 $.
- SHW obtained income of 5.31 billion dollars, slightly below the estimates of analysts.
The Sherwin-Williams Company (SHW) values reacted upwards from a minimum of the day at $ 339,42, attracting buyers who promoted the price of the action to maximums not seen since April 2 at 352.50 $. At the time of writing, SHW operates at $ 348.40, winning 5.15% daily.
Sherwin-Williams surprises the market when reporting a gain per action above the expected
The world leading company in manufacturing, development and marketing of paintings and coatings Sherwin-Williams (SHW) has a profit of 5.15% today, operating at the time of writing about 348.40 $.
SHW obtained revenues for 5.31 billion dollars compared to 5.4 billion dollars projected by the consensus of analysts, as well as an action of $ 2.25 compared to the $ 2,154 planned by the market. As for the projection of profits per action for the fiscal year, SHW projects a range between 10.70 -11.10 $.
In this scenario, SHW signs its second consecutive day upwards, reaching maximums not seen since April 2 at 352.50.
SHW technical levels
Sherwin-Williams (SHW) shares reacted up from a short-term support given by the minimum of April 21 in 319.41 $. The following key support is at $ 308.84, minimum of April 8. To the north, the key resistance zone is located at 370.00, pivot point of January 30.
SHW DAILY GRAPH
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
