Why Earnings Season Could Be Great for SherwinWilliams

Core Viewpoint - Sherwin-Williams Company (SHW) is positioned favorably for an upcoming earnings report, with positive earnings estimate revisions indicating potential for an earnings beat [1][5]. Earnings Estimate Revisions - Recent activity shows analysts have raised their earnings estimates for SHW, which is typically a precursor to positive earnings surprises [2]. - The Most Accurate Estimate for the current quarter stands at $3.81 per share, surpassing the broader Zacks Consensus Estimate of $3.76 per share, indicating a positive trend [3]. Zacks Earnings ESP - SHW has a Zacks Earnings ESP of +1.32%, suggesting a favorable outlook heading into the earnings season [3]. - A positive Zacks Earnings ESP has historically led to positive surprises and outperformance in the market, with a 70% success rate in producing positive surprises over the past decade [4]. Investment Consideration - With a Zacks Rank of 3 (Hold) and a positive Earnings ESP, SHW is a stock that investors may want to consider prior to the earnings announcement [5]. - The recent revisions in earnings estimates imply that positive results may be forthcoming for Sherwin-Williams [5].