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Stock impact report

Earnings Alarm Bells Ringing for Market Showing Signs of Fatigue [Yahoo! Finance News]

Sherwin-Williams Company (The) (SHW) 
Last sherwin-williams company (the) earnings: 4/29 07:00 am Check Earnings Report
US:NYSE Investor Relations: investors.sherwin-williams.com
() -- An alarming number of companies have warned that profits won’t meet expectations when they report in a month.The group, including PP Inc. and Sherwin-Williams Co., are primarily materials producers that have struggled amid supply-chain disruptions. While just a small part of the , their earnings have historically been the most correlated to the index’s of all sectors, a study by Bank of America Corp. found.The profit warnings come as economic growth is slowing, price increases for final products and services are missing forecasts and wage pressure is building. Taken together, the result is a deterioration in what BofA calls the “corporate misery indicator,” another signal that worsening earnings momentum could spread into the broader market. That would rob bulls of a key reason stocks have weathered everything thrown at the market in the past 18 months -- corporate America’s ability to deliver blockbuster results.“It’s been upward earnings revisions that have supported stocks h Show less Read more
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