Sherwin-Williams Reports Q4 Profit Beat and Revenue Growth

Sherwin-Williams Co's Q4 earnings exceeded estimates, reporting $1.90 EPS. Revenue grew by 0.9% compared to last year, indicating positive momentum.

Date: 30-01-2025

AI Rating: 7

Sherwin-Williams Co's Financial Performance Review

Sherwin-Williams reported a significant increase in profit for the fourth quarter, coming in at $480.10 million compared to $356.20 million in the same period last year. This translates to an earnings per share (EPS) of $1.90, which also exceeds last year's EPS of $1.39. The company's performance indicates a strong recovery and effective management of its resources amidst competitive market conditions.

The reported adjusted EPS, excluding items, stands at $2.09 for the quarter, surpassing analysts' expectations of $2.06. This demonstrates that Sherwin-Williams has not only maintained its profitability but also managed to exceed market expectations, which is a positive indicator for current and potential investors.

In terms of revenue, Sherwin-Williams saw a modest increase of 0.9%, with revenues rising to $5.297 billion from $5.252 billion year-over-year. This slight uptick in revenue indicates stable demand for its products, further supporting the overall positive earnings report.

Earnings Guidance

The company has projected its FY25 EPS guidance between $11.65 and $12.05. This guidance suggests a continued positivity in earnings momentum, providing further optimism for investors looking for growth opportunities within the company.

Stocks: SHW