25.01.2024 13:03:22 - dpa-AFX: Sherwin-Williams Co Q4 Profit Decreases, but beats estimates
WASHINGTON (dpa-AFX) - Sherwin-Williams Co (SHW) released a profit for
fourth quarter that decreased from the same period last year but beat the
Street estimates.
The company's bottom line came in at $356.2 million, or $1.39 per share. This
compares with $386.3 million, or $1.48 per share, in last year's fourth quarter.
Excluding items, Sherwin-Williams Co reported adjusted earnings of $1.81 per
share for the period.
Analysts on average had expected the company to earn $1.80 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.
The company's revenue for the quarter rose 0.4% to $5.25 billion from $5.23
billion last year.
Sherwin-Williams Co earnings at a glance (GAAP) :
-Earnings (Q4): $356.2 Mln. vs. $386.3 Mln. last year.
-EPS (Q4): $1.39 vs. $1.48 last year.
-Analyst Estimates: $1.80
-Revenue (Q4): $5.25 Bln vs. $5.23 Bln last year.
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