Sherwin-Williams Lifts Q1 Profit Forecast

Sherwin-Williams Co SHW raised its first-quarter-earnings forecast. Sherwin-Williams expects profit of $0.92 to $0.95 per share, versus its January forecast of $0.56 to $0.74 per share. Sherwin-Williams earned $0.63 per share in the year-ago period. However, analysts were expecting a profit of $0.72 per share for the quarter. Sherwin-Williams shares gained 0.97% to $111.84 at 10:35 am.