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Sherwin-Williams raises 2024 profit forecast on upcoming residential demand

UPDATE 1-Sherwin-Williams raises 2024 profit forecast on upcoming residential demand Updates with shares and commentary from conference call July 23 (Reuters) - Sherwin-Williams SHW.N on Tuesday raised its full-year earnings forecast and posted a second-quarter profit that beat estimates, as the paintmaker was helped by higher prices and increased sales across its paint stores and coating segments.
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Sherwin-Williams raises 2024 profit forecast on upcoming residential demand

Sherwin-Williams raises 2024 profit forecast on upcoming residential demand July 23 (Reuters) - Sherwin-Williams SHW.N on Tuesday raised its full-year earnings forecast and posted a second-quarter profit that beat Wall Street estimates, as the paintmaker was helped by higher prices and increased sales across its paint stores and coating segments. "We're also encouraged by growth in new residential, where we expect continued momentum over the back half of the year," said CEO Heidi Petz.
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Akzo Nobel's Q2 core profit misses expectations, sending shares lower

UPDATE 4-Akzo Nobel's Q2 core profit misses expectations, sending shares lower Q2 EBITDA 400 mln eur vs 414 mln eur consensus Narrows 2024 core profit guidance Plant closures on track , more to be announced Shares down 3% Updates lead with share move, adds CFO raw material comments By Stephanie Hamel and Charlotte Eugenie Yvette Bawol July 23 (Reuters) - Dulux paints maker Akzo Nobel AKZO.AS reported a 1% rise in second-quarter core profit on Tuesday, falling short of analysts' expectations due
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U.S. Align Technology, McKesson, Schneider National

U.S. RESEARCH ROUNDUP-Align Technology, McKesson, Schneider National July 22 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Align Technology, McKesson, and Schneider National, on Monday. HIGHLIGHTS * Align Technology ALGN.O : UBS cuts target price to $260 from $340 * CH Robinson Worldwide CHRW.O : BofA Global Research raises to buy from underperform * McKesson Corp MCK.N : UBS raises target price to $670 from $630 *
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PPG Industries falls after cutting annual profit forecast, quarterly revenue miss

BUZZ-PPG Industries falls after cutting annual profit forecast, quarterly revenue miss ** Shares of industrial coatings maker PPG Industries PPG.N fall 2.8% to $128.00 in extended trading ** Co mpany cuts annual adj. profit forecast and misses Q2 revenue estimates ** PPG cuts FY24 adj. profit forecast to $8.15 to $8.30 per share from prior forecast of $8.34 to $8.59 per share ** PPG posts April-June quarter net sales of $4.79 bln vs est.
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