The Sherwin-Williams Company Reports 2019 First Quarter Financial Results
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April 24, 2019 7:28 AM EDT
BMO Capital analyst John McNulty raised the price target on Sherwin-Williams (NYSE: SHW) to $473.00 (from $441.00) while maintaining a Market Perform rating.
SHW Management Paints a Bullish 2H Picture
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April 23, 2019 7:06 AM EDT
Sherwin-Williams (NYSE: SHW) reported Q1 EPS of $3.60, $0.09 worse than the analyst estimate of $3.69. Revenue for the quarter came in at $4.04 billion versus the consensus estimate of $4.09 billion.
Consolidated net sales increased 1.9% in the quarter to $4.04 billionNet sales from stores in U.S. and Canada open more than twelve calendar months increased 3.6% in the quarterDiluted net income per share was flat at $2.62 per share in both first quarter 2019 and 2018First quarter 2019 includes charges for acquisition-related costs and pension settlement expense of $.71 and $.27 per share, respectively; first quarter 2018 included acquisition-related costs of $.95 per...
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