Although the revenue and EPS for Sherwin-Williams (SHW) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Coatings industry giant Sherwin-Williams (SHW -0.53%) reported mixed fourth-quarter results on Thursday, Jan. 30. Adjusted EPS of $2.09 exceeded analyst consensus expectations of $2.06 and improved 15.5% from the previous year.
Sherwin-Williams (SHW) came out with quarterly earnings of $2.09 per share, beating the Zacks Consensus Estimate of $2.07 per share. This compares to earnings of $1.81 per share a year ago.
The paints giant offers soft guidance for the first quarter and all of 2025.
SHW is expected to have faced challenges in certain areas of its businesses in Q4.
Sherwin-Williams (SHW) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Sherwin-Williams offers diverse paint products and operates in three segments, boasting a market cap near $90B and a 35-year return of over 20,000%. The stock has offered investors a solid combination of dividend growth and price appreciation. The most recent earnings report was very weak, combine that with the company trading for a significant premium and investors should be cautious of SHW.
Sherwin-Williams (SHW) reported earnings 30 days ago. What's next for the stock?
Sherwin-Williams is joining the Dow, but that's not why investors should buy the stock.
The Sherwin-Williams NYSE: SHW Q3 earnings report sparked a knee-jerk reaction in the market, opening a significant opportunity for investors. While the results did not match analysts' and market expectations, the diversified paint and coating business sustained growth and indicated business health will persist in 2025.
A tough environment for Sherwin-Williams might mean an opportunity for investors.
The Sherwin-Williams Company (NYSE:SHW ) Q3 2024 Earnings Conference Call October 22, 2024 10:00 AM ET Company Participants Jim Jaye - Senior Vice President, Investor Relations & Communications Heidi Petz - President & Chief Executive Officer Al Mistysyn - Chief Financial Officer Conference Call Participants Vincent Andrews - Morgan Stanley Chris Parkinson - Wolfe Research John Roberts - Mizuho John McNulty - BMO David Begleiter - Deutsche Bank Mike Harrison - Seaport Research Partners Patrick Cunningham - Citi Greg Melich - Evercore ISI Aleksey Yefremov - KeyBanc Capital Park Markets Michael Sison - Wells Fargo Duffy Fischer - Goldman Sachs Michael Leithead - Barclays Ghansham Panjabi - Baird Kevin McCarthy - Vertical Research Partners Arun Viswanathan - RBC Capital Markets Jeff Zekauskas - JPMorgan Chuck Cerankosky - Northcoast Research Josh Spector - UBS Steve Byrne - Bank of America Adam Baumgarten - Zelman Garik Shmois - Loop Capital Markets Eric Bosshard - Cleveland Research Company Operator Good morning. Thank you for joining the Sherwin-Williams Company Review of the Third Quarter 2024 Results and our Outlook for the Fourth Quarter and Full Year of 2024.