Sherwin-Williams (SHW) Reports Next Week: Wall Street Expects Earnings Growth

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].