The Sherwin-Williams Company Reports 2018 Second Quarter Financial Results
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Sherwin-Williams (SHW) PT Raised to $485 at RBC Capital
July 25, 2018 8:44 AM EDTRBC Capital analyst Arun Viswanathan raised the price target on Sherwin-Williams (NYSE: SHW) to $485.00 (from $470.00) while maintaining an Outperform rating.
Viswanathan said the 6.8% SSS number was encouraging and the VAL business appears to tracking better than expected.
... MoreSherwin-Williams (SHW) PT Raised to $425 at Deutsche Bank Following 2Q
July 25, 2018 7:46 AM EDTDeutsche Bank raised its price target on Sherwin-Williams (NYSE: SHW) to $425.00 (from $405.00) while maintaining a Hold rating following the company's 2Q earnings report. Sherwin's 2Q18 produced the best quarterly results both top- and bottom-line since the Valspar acquisition. Encouragingly, the driver of... More
Sherwin-Williams (SHW) Tops Q2 EPS by 7c, Revenues Beat; Boosts FY18 EPS Outlook Above Consensus
July 24, 2018 7:03 AM EDTSherwin-Williams (NYSE: SHW) reported Q2 EPS of $5.73, $0.07 better than the analyst estimate of $5.66. Revenue for the quarter came in at $4.77 billion versus the consensus estimate of $4.67 billion.
Consolidated net sales increased 27.8% in the quarter to a record $4.77 billion; Valspar increased consolidated net sales $783.9 million, or 21.0%, in the quarter, as Valspar annualized June 1stNet sales from stores in U.S. and Canada open more than twelve calendar months increased 6.8% in the quarterDiluted net income per share increased 26.5% to $4.25 per share in the quarter, including charges of $1.23 per share for acquisition-related costs and... More