Sherwin-Williams (SHW) Q1 Earnings on the Horizon: Analysts' Insights on Key Performance Measures

Core Viewpoint - Sherwin-Williams is expected to report quarterly earnings of $2.18 per share, reflecting a 0.5% increase year-over-year, with revenues projected at$ 5.38 billion, a 0.2% increase from the previous year [1]. Earnings Estimates - Over the last 30 days, the consensus EPS estimate has been revised downward by 1%, indicating analysts' reassessment of their initial forecasts [2]. - Changes in earnings estimates are crucial for predicting investor reactions, as empirical research shows a strong correlation between earnings estimate revisions and short-term stock performance [3]. Revenue Projections - Analysts estimate 'Net sales- Paint Stores Group' will reach $2.92 billion, a 1.6% increase from the year-ago quarter [5]. - 'Net sales- Consumer Brands Group' is projected at$ 761.41 million, reflecting a 6.1% decrease year-over-year [5]. - 'Net sales- Performance Coatings Group' is expected to be $1.65 billion, indicating a 2.1% decline from the previous year [5]. Store Metrics - The consensus estimate for 'Net New Stores - Paint Stores Group' is 9, compared to 7 in the same quarter last year [6]. - Analysts forecast the 'Number of Stores - Paint Stores Group' to reach 4,782, up from 4,701 in the same quarter of the previous year [6]. Segment Profit Estimates - 'Segment Profit- Paint Stores Group' is predicted to be$ 520.36 million, an increase from $493.20 million in the same quarter last year [7]. - 'Adjusted segment profit- Performance Coatings Group (PCG)' is expected to be$ 283.62 million, slightly down from $286.90 million year-over-year [7]. - 'Adjusted segment profit- Consumer Brands Group (CBG)' is projected at$ 155.01 million, down from $169.90 million in the previous year [8]. Stock Performance - Sherwin-Williams shares have decreased by 3.8% over the past month, compared to a 5.1% decline in the Zacks S&P 500 composite [9].