Sherwin-Williams Expects FY24 Adjusted EPS Of $10.85-$11.35, Est. $11.33
Portfolio Pulse from Benzinga Newsdesk
Sherwin-Williams has provided guidance for its FY24 adjusted EPS, expecting it to be in the range of $10.85-$11.35. This forecast is in line with the estimated $11.33 adjusted EPS anticipated by analysts.

January 25, 2024 | 12:06 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Sherwin-Williams projects its FY24 adjusted EPS to be between $10.85 and $11.35, closely matching the consensus estimate of $11.33 by analysts.
Sherwin-Williams' guidance for FY24 adjusted EPS is very close to analyst estimates, which suggests that the company's financial performance is expected to be in line with market expectations. This typically has a neutral impact on the stock price in the short term, as there are no positive or negative surprises. The relevance is high as the information is directly about Sherwin-Williams. The importance is significant but not critical because the guidance is in line with expectations, not exceeding them. The confidence level is high due to the clear guidance provided by the company.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100