Sherwin-Williams Reiterated 2024 Adj. EPS Guidance Of $11.10-$11.40 Vs. $11.50 Est.; Expects Net Sales To Be Up Flat To Up Low-Single Digit Percentage (Prior A Low-Single Digit Percentage)
Portfolio Pulse from Benzinga Newsdesk
Sherwin-Williams has reiterated its 2024 adjusted EPS guidance to be between $11.10 and $11.40, slightly below the previous estimate of $11.50. The company expects net sales to be flat to up by a low-single digit percentage.
October 22, 2024 | 11:04 am
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Sherwin-Williams reiterated its 2024 adjusted EPS guidance to $11.10-$11.40, slightly below the previous estimate of $11.50. The company expects net sales to be flat to up by a low-single digit percentage.
The reiteration of the EPS guidance slightly below previous estimates may not significantly impact the stock price as the range is still within expectations. The flat to low-single digit increase in net sales suggests stable performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100