Sherwin-Williams and building materials peers report mixed Q1 results

Earnings
โดย Yahoo Finance·Read original
Summary · why it matters

Sherwin-Williams and the rest of the building materials segment reported mixed first-quarter results. The nine tracked building materials stocks collectively beat revenue estimates by 1.4 percent, but next-quarter revenue guidance came in 2.5 percent below expectations. Sherwin-Williams posted revenue of 5.67 billion dollars, up 6.8 percent year on year and exceeding estimates by 2.1 percent, though its stock fell 6.3 percent after the report. Vulcan Materials delivered the biggest beat among peers with revenue of 1.76 billion dollars, up 7.4 percent, while UFP Industries was the weakest with revenue of 1.46 billion dollars, down 8.4 percent and missing estimates by 3.5 percent. Tecnoglass and Armstrong World also reported, with Armstrong World's stock dropping 13.5 percent after its results met revenue expectations but missed on operating income and EBITDA.

Impact on stocks 5

Industrials · 2 stocks
Ufp Industries Inc
UFPI
▼ NegativeCapitalrelevance

UFP Industries reported revenue down 8.4% and missed estimates by 3.5%, the weakest among peers.

Materials · 2 stocks
Vulcan Materials Company
VMC
▲ PositiveCapitalrelevance

Vulcan Materials delivered the biggest revenue beat among peers, with revenue up 7.4%.

Tecnoglass Inc
TGLS
± MixedCapitalrelevance

Tecnoglass is mentioned as having reported, but no specific results or impact are detailed.

Critical Materials & Supply Chain · 1 stocks
Sherwin-Williams Co
SHW
▼ NegativeCapitalrelevance

Sherwin-Williams reported Q1 revenue beat but stock fell 6.3% after the report, likely due to weak guidance or market reaction.