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 ...

Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better. Stock to Watch: Sherwin-Williams (SHW) Founded in 1866 and headquartered in Cleveland, OH, The Sherwin-Williams Company is into manufacturing and sales of paints, coatings and related products, primarily in the North and South America. It also has operations in the Caribbean region, Europe and Asia. Sherwin-Williams is one of the biggest paint companies in the United States and in the world. Its well-known brands include Du ...

The deferred compensation plan assets consist of the investment funds maintained for future payments under the Company's executive deferred compensation plans, which are structured as rabbi trusts. The investments are marketable securities accounted for under the Debt and Equity Securities Topics of the ASC. The Level 1 investments are valued using quoted market prices multiplied by the number of shares. The deferred compensation plan assets also include partnership funds measured using net asset value (or ...

The Sherwin-Williams Company (NYSE:SHW) Q2 2024 Earnings Conference Call July 23, 2024 11:00 AM ET Company Participants Heidi Petz - President and CEO Allen Mistysyn - CFO Jim Jaye - SVP of Investor Relations & Corporate Communications Conference Call Participants Vincent Andrews - Morgan Stanley Chris Parkinson - Wolfe Research Arun Viswanathan - RBC Capital Markets Jeff Zekauskas - JPMorgan John McNulty - BMO Capital Markets Michael Sison - Wells Fargo Adam Baumgarten - Zelman Michael Leithead - Barc ...

Americans are buying more paint and are willing to pay higher prices for it. "Led by strong performance in the Paint Stores Group, we continued to execute on our proven strategy across the company to deliver consolidated sales within our expectations, gross margin expansion, EBITDA growth, and a 12.5% ... increase in adjusted diluted net income per share," CEO Heidi G. Petz said in a statement. Investors knew coming into this earnings season that high interest rates have eaten into home construction and ren ...

Net sales in the Performance Coatings Group rose roughly 0.6% year over year to around $1,806.4 million in the reported quarter, beating the consensus estimate of $1,793.6 million. Performance Coating's net sales increased primarily due to 1.7% incremental sales from an acquisition, which were slightly offset by a 1% negative currency translation. Sales volumes were varied by region and business. Industrial Wood, Coil and Automotive Refinish in North America aided the performance, which was partly offset by ...

Sherwin-Williams (SHW) came out with quarterly earnings of $3.70 per share, beating the Zacks Consensus Estimate of $3.51 per share. This compares to earnings of $3.29 per share a year ago. These figures are adjusted for non-recurring items. Over the last four quarters, the company has surpassed consensus EPS estimates three times. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary o ...