This morning, Sherwin-Williams (NYSE:SHW) reported third quarter earnings of $263 million, or $2.55 per share, as revenue climbed by 10% to $2.85 billion. Excluding one-time items, the company would have earned $2.86 per share, topping Wall Street estimates of $2.63 per share. However, with the strong quarter, the company did reduce its full year earnings guidance to the range of $7.00 to $7.30 per share. Despite the lowered guidance, shares of Sherwin Williams were higher this morning, picking up 2.3% so far.
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