Sherwin-Williams FY23 Adj. EPS Outlook $9.30-$9.70 Vs. $8.79 Estimate
Portfolio Pulse from Benzinga Newsdesk
Sherwin-Williams has provided its FY23 adjusted EPS outlook, projecting a range of $9.30-$9.70, which is higher than the previous estimate of $8.79.
July 25, 2023 | 11:04 am
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Sherwin-Williams has raised its FY23 adjusted EPS outlook, which is expected to positively impact its stock price in the short term.
Sherwin-Williams has raised its FY23 adjusted EPS outlook to $9.30-$9.70, which is higher than the previous estimate of $8.79. This indicates that the company expects to perform better than previously anticipated, which is likely to be viewed positively by investors and could lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100