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Sherwin-Williams shares slipped Tuesday after the paint manufacturer's third-quarter earnings missed estimates as demand in the do-it-yourself painting market slumped.

Sherwin-Williams' investment in the residential repaint market is crucial for stability and growth. Read more on SHW stock update.

Sherwin-Williams Q3 earnings fell short of expectations, but strategic growth initiatives continue to show promise.

Shares of Sherwin-Williams were trading lower after the paints and coatings company filed disappointing quarterly results. Sherwin stock fell 5.2% to $362.01 in premarket trading Tuesday, while futures tracking the S&P 500 are down 0.

Sherwin-Williams (NYSE:SHW) saw its shares slide more than 8% in Tuesday’s premarket trading after the company reported worse-than-expected Q3 results. The company’s annual guidance also missed analyst expectations.

The Sherwin-Williams Company SHW is scheduled to release third-quarter 2024 results before the opening bell on Oct. 22. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. The company beat the Zacks Consensus Estimate for earnings in three of the last four quarters while missing once,