Analysts on Wall Street project that Sherwin-Williams (SHW) will announce quarterly earnings of $3.56 per share in its forthcoming report, representing an increase of 11.3% year over year. Revenues are projected to reach $6.23 billion, increasing 1.8% from the same quarter last year. The consensus EPS estimate for the quarter has been revised 0.4% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during ...

Core Viewpoint - Sherwin-Williams is expected to report a year-over-year increase in earnings and revenues for the quarter ended September 2024, with a consensus outlook indicating potential stock price movements based on actual results compared to estimates [1][2]. Earnings Expectations - The consensus EPS estimate for Sherwin-Williams is $3.56 per share, reflecting an 11.3% increase year-over-year, while revenues are projected to be $6.23 billion, up 1.8% from the previous year [3]. - The consensus EPS estimate has been revised 0.4% higher in the last 30 days, indicating a positive reassessment by analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model shows a positive Earnings ESP of +2.69% for Sherwin-Williams, suggesting analysts are optimistic about the company's earnings prospects [10]. - The stock holds a Zacks Rank of 2, indicating a strong likelihood of beating the consensus EPS estimate [10]. Historical Performance - In the last reported quarter, Sherwin-Williams exceeded the expected EPS of $3.51 by delivering $3.70, resulting in a surprise of +5.41% [11]. - Over the past four quarters, the company has beaten consensus EPS estimates three times [12]. Conclusion - Sherwin-Williams is positioned as a compelling candidate for an earnings beat, but investors should consider additional factors influencing stock performance beyond just earnings results [15].

The Sherwin-Williams Company's (SHW) shares have increased 11.7% in the past six months compared with the S&P 500 and the industry's growth of 8.9% and 9.4%, respectively. Image Source: Zacks Investment Research Let's look at the factors driving the stock's price appreciation. What's Driving Sherwin-Williams Stock? SHW reported stronger-than-expected earnings in second-quarter 2024. This led the company to raise its fullyear outlook. Adjusted earnings per share (EPS) came in at $3.70, surpassing the Zacks C ...

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The Sherwin-Williams Company's (SHW) shares have soared 22.9% in the past three months compared with the S&P 500 and the industry's growth of 1.2% and 19%, respectively. Image Source: Zacks Investment Research Let's look at the factors driving the stock's price appreciation. What's Driving Sherwin-Williams Stock? Sherwin-Williams reported stronger-than-expected earnings for the second quarter of 2024, prompting the company to raise its full-year outlook. Adjusted earnings came in at $3.70 per share, beating ...

Core Insights - Sherwin-Williams Company's shares reached a 52-week high of $371.19 on September 3, closing at $363.75, with a 34.9% increase in stock price over the past year compared to the industry's 33.9% growth [1] Financial Performance - In Q2 2024, Sherwin-Williams reported adjusted earnings of $3.70 per share, exceeding the Zacks Consensus Estimate of $3.51, while revenues were $6,271.5 million, a 0.5% year-over-year increase, but below the consensus estimate of $6,350.1 million [1] - The Paint Stores Group achieved approximately 3.5% sales growth, driven by low-single-digit volume gains and higher selling prices, with growth across all end markets except property maintenance [2] - The Performance Coatings Group also saw modest sales growth, supported by an acquisition, although faced challenges from currency headwinds and mixed volume performance across regions [2] - The Consumer Brands Group experienced a sales decline due to weaker DIY demand in North America, a divestiture, and unfavorable currency effects [2] Future Guidance - Sherwin-Williams anticipates consolidated net sales to grow at a low-single-digit percentage year-over-year in Q3, with similar growth expected for the full year [3] - The company projects 2024 earnings per share (EPS) to be between $10.30 and $10.60, with adjusted EPS in the range of $11.10 to $11.40 [3] - The Zacks Consensus Estimate for 2024 EPS is $11.47, indicating a 10.8% increase from the previous year [4]

It has been about a month since the last earnings report for Sherwin-Williams (SHW) . Shares have added about 7.8% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Sherwin-Williams due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Sherwin-Williams' Q2 Earnings Top Est ...

The Sherwin-Williams Company's (SHW) shares have appreciated 15.7% in the past three months. The company also outperformed the industry's rise of 13.8% and topped the S&P 500's 5.7% rise over the same period. Image Source: Zacks Investment Research Let's take a look at the factors driving the stock's price appreciation. What's Driving Sherwin-Williams? Sherwin-Williams delivered stronger-than-expected earnings in second-quarter 2024 and raised its full-year earnings guidance. SHW posted adjusted earnings of ...

The Sherwin-Williams Company's (SHW) shares reached a fresh 52-week high of $357.64 on Aug 15, before closing at $356.47. In the past year, the stock has rallied 30.5% against the industry's 28.2% rise in the same period. Image Source: Zacks Investment Research What's Driving Sherwin-Williams? SHW delivered forecast-topping earnings in the second quarter and raised its earnings guidance for 2024. In the second quarter, SHW reported adjusted earnings of $3.70 per share, exceeding the Zacks Consensus Estimate ...

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both. The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens. It also includes access to the Zacks Style Scores. What are the Zacks Style Scores? The Zacks Sty ...