Sherwin-Williams Rallies 23% in 3 Months: What's Driving the Stock?
Sherwin-Williams(SHW) ZACKS·2024-09-10 12:05
The Sherwin-Williams Company's (SHW) shares have soared 22.9% in the past three months compared with the S&P 500 and the industry's growth of 1.2% and 19%, respectively. Image Source: Zacks Investment Research Let's look at the factors driving the stock's price appreciation. What's Driving Sherwin-Williams Stock? Sherwin-Williams reported stronger-than-expected earnings for the second quarter of 2024, prompting the company to raise its full-year outlook. Adjusted earnings came in at $3.70 per share, beating ...