Sherwin-Williams Expects Q4 Net Sales To Be Up Flat To Up Low-Single Digit Percentage
Portfolio Pulse from Benzinga Newsdesk
Sherwin-Williams projects its Q4 and full-year 2024 net sales to be flat to up by a low-single digit percentage. The company expects an effective tax rate in the low twenty percent range and diluted net income per share between $10.30 and $10.60, with adjusted figures between $11.10 and $11.40.
October 22, 2024 | 11:06 am
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Sherwin-Williams anticipates Q4 and 2024 net sales to be flat to up low-single digits, with EPS guidance provided. This suggests stable financial performance with slight growth potential.
The guidance indicates stable performance with potential for slight growth, which is neutral for short-term stock movement. The provided EPS range offers clarity on expected profitability, but the lack of significant growth may not excite investors.
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