07:42 AM EDT, 10/22/2024 (MT Newswires) -- Sherwin-Williams ( SHW ) reported Q3 adjusted earnings Tuesday of $3.37 per diluted share, up from $3.20 a year earlier.

Analysts polled by Capital IQ expected $3.54.

Net sales for the quarter ended Sept. 30 were $6.16 billion, up from $6.12 billion a year earlier.

Analysts polled by Capital IQ expected $6.20 billion.

Sherwin-Williams ( SHW ) said Q4 net sales are expected to grow flat to up low-single digit percent.

The company said it continues to expect 2024 adjusted EPS of $11.10 to $11.40, with sales growth of flat to up low-single digit percent. Analysts surveyed by Capital IQ are expecting adjusted EPS of $11.50.

Shares of the company were down more than 8% in recent Tuesday premarket activity.

Price: 350.00, Change: -31.75, Percent Change: -8.32