Sherwin-Williams's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Sherwin-Williams (NYSE:SHW) is expected to release its quarterly earnings report on January 25, 2024, with an estimated EPS of $1.80. Investors are looking for an earnings beat and positive guidance for future growth. Historically, SHW has seen share price movements following its earnings reports. Last quarter, SHW beat the EPS estimate by $0.43, resulting in a 1.54% share price increase the next day. Over the past year, SHW shares have risen by 35.67%, trading at $305.46 as of January 23.

January 24, 2024 | 4:01 pm
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Sherwin-Williams is anticipated to report quarterly earnings with an EPS estimate of $1.80. Positive past performance and share price increase may influence investor expectations.
Given SHW's history of beating EPS estimates and the subsequent positive share price reactions, there is a likelihood of a short-term positive impact on SHW's stock price if they beat the EPS estimate again and provide favorable future guidance. The stock's 35.67% increase over the past 52 weeks also supports a bullish sentiment among investors.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100