SHW
$265.06
Sherwin-Williams
($.82)
(.31%)

Earnings History

Earnings
Revenue
Reaction
Drift
EPS Above Estimates
Q 03/2012
4/9/2012
9:13:00 AM
$0.92 to $0.95
$0.72
1.0%
3.4%
Guidance:
Consensus:
Sherwin-Williams Ups Guidance

Sherwin-Williams Co. said it now expects first quarter earnings of $0.92 to $0.95 per share. The company's previous guidance was for earning sof $0.56 to $0.74 per share and the current consensus earnings estimate is $0.72 per share for the quarter ending March 31, 2012.
In-line Guidance
FY 2012
4/19/2012
8:00:00 AM
$5.75 to $6.05
earnings of $6.01
-0.4%
2.7%
Guidance:
Consensus:
Sherwin-Williams Guides In-line

Sherwin-Williams Co. said it expects second quarter earnings of $1.92 to $2.07 per share and 2012 earnings of $5.75 to $6.05 per share. The current consensus earnings estimate is $2.03 per share for the quarter ending June 30, 2012 and earnings of $6.01 per share for the year ending December 31, 2012.
Raises Guidance In-line with Estimates
FY 2012
7/19/2012
8:00:00 AM
$6.20 to $6.40
earnings of $6.20
3.7%
7.8%
Guidance:
Consensus:
Sherwin-Williams Raises Guidance to be In-line with Estimates

Sherwin-Williams Co. said it expects third quarter earnings of $2.05 to $2.20 per share and now expects 2012 earnings of $6.20 to $6.40 per share. The company's previous guidance was 2012 earnings of $5.75 to $6.05 per share. The current consensus earnings estimate is $2.14 per share for the quarter ending September 30, 2012 and earnings of $6.20 per share for the year ending December 31, 2012.
In-line Guidance
Q 12/2012
10/25/2012
8:00:00 AM
$0.98 to $1.18
$1.08
-7.7%
-3.5%
Guidance:
Consensus:
Sherwin-Williams Guides In-line

Sherwin-Williams Co. said it expects fourth quarter earnings of $0.98 to $1.18 per share. The current consensus earnings estimate is $1.08 per share for the quarter ending December 31, 2012.
EPS Below Estimates
FY 2013
1/31/2013
8:00:00 AM
$7.45 to $7.55
-0.1%
1.6%
Guidance:
Consensus:
Sherwin-Williams Sees 2013 Below Estimates

Sherwin-Williams Co. said it expects first quarter earnings of $1.03 to $1.13 per share. The current consensus earnings estimate is $1.09 per share for the quarter ending March 31, 2013. The company said it expects 2013 earnings of $7.45 to $7.55 per share. The current consensus earnings estimate is $7.85 per share for the year ending December 31, 2013.
Reaffirms Below Estimates
FY 2013
7/18/2013
8:07:00 AM
$7.45 to $7.55
earnings of $8.05
-8.4%
5.0%
Guidance:
Consensus:
Sherwin-Williams Reaffirms Below Estimates

Sherwin-Williams Co. said it expects third quarter earnings of $2.55 to $2.65 per share and continues to expect 2013 earnings of $7.45 to $7.55 per share. The current consensus earnings estimate is $2.79 per share for the quarter ending September 30, 2013 and earnings of $8.05 per share for the year ending December 31, 2013.
In-line Guidance
Q 12/2013
10/25/2013
7:00:00 AM
$1.29 to $1.39
$1.38
4.3%
-3.3%
Guidance:
Consensus:
Sherwin-Williams Guides In-line

Sherwin-Williams Co. said it expects fourth quarter earnings of $1.29 to $1.39 per share. The current consensus earnings estimate is $1.38 per share for the quarter ending December 31, 2013.
EPS Below Estimates
Q 03/2014
1/30/2014
7:00:00 AM
$0.95 to $1.15
$1.28
-2.8%
-2.6%
Guidance:
Consensus:
Sherwin-Williams Guides Earnings Below Estimates

Sherwin-Williams Co. said it expects first quarter earnings of $0.95 to $1.15 per share and 2014 earnings of $8.12 to $8.32 per share. The current consensus earnings estimate is $1.28 per share for the quarter ending March 31, 2014 and $9.18 per share for the year ending December 31, 2014.
Reaffirms
FY 2014
4/17/2014
7:00:00 AM
$8.12 to $8.32
$8.41
2.8%
3.6%
Guidance:
Consensus:
Sherwin-Williams Reaffirms Below Estimates

Sherwin-Williams Co. said it expects second quarter earnings of $2.80 to $3.00 per share and continues to expect 2014 earnings of $8.12 to $8.32 per share. The current consensus earnings estimate is $2.84 per share for the quarter ending June 30, 2014 and $8.41 per share for the year ending December 31, 2014.
In-line Guidance
Q 12/2014
10/28/2014
7:00:00 AM
$1.30 to $1.40
$1.36
$2.63 bill
-0.7%
1.1%
Guidance:
Consensus:
Sherwin-Williams Guides In-line

Sherwin-Williams Co. said it expects fourth quarter earnings of $1.30 to $1.40 per share on revenue of $2.60 billion to $2.65 billion. The current consensus earnings estimate is $1.36 per share on revenue of $2.63 billion for the quarter ending December 31, 2014.
Narrows Guidance
FY 2014
12/12/2014
7:00:00 AM
$8.75 to $8.80
$8.80
-2.7%
4.0%
Guidance:
Consensus:
Sherwin-Williams Narrows Guidance

Sherwin-Williams Co. said it expects 2014 earnings of $8.75 to $8.80 per share. The company's previous guidance was for earnings of $8.70 to $8.80 per share and the current consensus earnings estimate is $8.80 per share for the year ending December 31, 2014. The company also said it expects 2015 earnings of $10.65 to $10.85 per share. The current consensus earnings estimate is $10.71 per share for the year ending December 31, 2015.
Raises Guidance In-line with Estimates
FY 2015
1/29/2015
7:00:00 AM
$10.90 to $11.10
1.5%
3.3%
Guidance:
Consensus:
Sherwin-Williams Raises Guidance to be In-line with Estimates

Sherwin-Williams Co. said it expects first quarter earnings of $1.30 to $1.45 per share and said it now expects 2015 earnings of $10.90 to $11.10 per share. The company's previous guidance was for 2015 earnings of $10.65 to $10.85 per share. The current consensus earnings estimate is $1.42 per share for the quarter ending March 31, 2015 and $10.98 per share for the year ending December 31, 2015.
EPS & Revenue Below Estimates
FY 2015
7/16/2015
7:00:00 AM
$10.60 to $11.00
$11.22
-7.4%
6.0%
Guidance:
Consensus:
Sherwin-Williams Lowers Guidance

Sherwin-Williams Co. said it expects third quarter earnings of $3.75 to $3.90 per share on revenue of $3.25 billion to $3.31 billion. The current consensus earnings estimate is $4.16 per share on revenue of $3.38 billion for the quarter ending September 30, 2015. The company also said it now expects 2015 earnings of $10.60 to $11.00 per share. The company's previous guidance was earnings of $10.90 to $11.10 per share and the current consensus earnings estimate is $11.22 per share for the year ending December 31, 2015.
In-line Guidance
Q 12/2015
10/29/2015
7:00:00 AM
$1.70 to $1.95
$1.87
4.6%
3.1%
Guidance:
Consensus:
Sherwin-Williams Guides In-line

Sherwin-Williams Co. said it expects fourth quarter earnings of $1.70 to $1.95 per share. The current consensus earnings estimate is $1.87 per share for the quarter ending December 31, 2015.
EPS Below Estimates
FY 2016
1/28/2016
7:00:00 AM
$12.20 to $12.40
-1.0%
6.9%
Guidance:
Consensus:
Sherwin-Williams Sees Earnings Below Estimates

Sherwin-Williams Co. said it expects first quarter earnings of $1.50 to $1.65 per share and 2016 earnings of $12.20 to $12.40 per share. The current consensus earnings estimate is $1.66 per share for the quarter ending March 31, 2016 and $12.69 per share for the year ending December 31, 2016.
EPS Above Estimates
FY 2016
4/21/2016
7:00:00 AM
$12.50 to $12.70
$12.47
-0.9%
-4.4%
Guidance:
Consensus:
Sherwin-Williams Raises Guidance

Sherwin-Williams Co. said it expects second quarter earnings of $3.95 to $4.15 per share and now expects 2016 earnings of $12.50 to $12.70 per share. The company's previous guidance was for 2016 earnings of $12.20 to $12.40 per share. The current consensus earnings estimate is $4.15 per share for the quarter ending June 30, 2016 and $12.47 per share for the year ending December 31, 2016.
In-line Guidance
FY 2016
7/21/2016
7:00:00 AM
$12.50 to $12.70
$12.68
-6.9%
-0.2%
Guidance:
Consensus:
Sherwin-Williams Guides In-line for the Year

Sherwin-Williams Co. said it expects third quarter earnings of $4.20 to $4.40 per share and continues to expect 2016 earnings of $12.50 to $12.70 per share, excluding items. The current consensus earnings estimate is $4.41 per share for the quarter ending September 30, 2016 and $12.68 per share for the year ending December 31, 2016.
EPS Below Estimates
Q 12/2016
10/25/2016
7:00:00 AM
$2.13 to $2.23
$2.43
-10.9%
-5.8%
Guidance:
Consensus:
Sherwin-Williams Guides Below Estimates

Sherwin-Williams Co. said it expects fourth quarter earnings of $2.13 to $2.23 per share, excluding items. The current consensus earnings estimate is $2.43 per share for the quarter ending December 31, 2016.
Date
Grade
Actual
Earnings
Whisper
Consensus
Estimate
Surprise
Growth
Gap
Drift
1/26/2012
7:28:00 AM
Dec '11
Q4 '11
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G B
EPS
Rev
$0.87
$2.1 Bil
-
$0.84
$2.1 Bil
3.6%
1.0%
17.8%
9.2%
0.5%
-
4/19/2012
8:00:00 AM
Mar '12
Q1 '12
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C+
EPS
Rev
$0.95
$2.1 Bil
$0.95
$0.94
$2.0 Bil
-
5.2%
46.7%
15.1%
0.1%
-
7/19/2012
8:00:00 AM
Jun '12
Q2 '12
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C
EPS
Rev
$2.17
$2.6 Bil
-
$2.12
$2.7 Bil
2.4%
-3.3%
27.2%
9.3%
-3.3%
-
10/25/2012
8:00:00 AM
Sep '12
Q3 '12
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G D+
EPS
Rev
$2.24
$2.6 Bil
-
$2.19
$2.7 Bil
2.3%
-2.1%
30.6%
4.8%
-1.9%
-
1/31/2013
8:00:00 AM
Dec '12
Q4 '12
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G D-
EPS
Rev
$1.14
$2.2 Bil
-
$1.15
$2.2 Bil
-0.9%
1.9%
29.4%
7.3%
-1.3%
-
4/18/2013
8:00:00 AM
Mar '13
Q1 '13
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C-
EPS
Rev
$2.21
$2.2 Bil
$0.00
$2.18
$2.2 Bil
-
-2.8%
15.9%
1.4%
-0.5%
-
7/18/2013
8:07:00 AM
Jun '13
Q2 '13
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G D-
EPS
Rev
$2.54
$2.7 Bil
$2.64
$2.58
$2.8 Bil
-3.8%
-2.4%
16.5%
5.5%
-10.0%
-
10/25/2013
7:00:00 AM
Sep '13
Q3 '13
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G D+
EPS
Rev
$2.68
$2.8 Bil
-
$2.62
$2.8 Bil
2.3%
2.4%
17.5%
9.4%
2.1%
-
1/30/2014
7:00:00 AM
Dec '13
Q4 '13
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G D
EPS
Rev
$1.29
$2.5 Bil
-
$1.27
$2.4 Bil
1.6%
1.1%
10.2%
10.6%
-2.7%
-
4/17/2014
7:00:00 AM
Mar '14
Q1 '14
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G D+
EPS
Rev
$1.14
$2.4 Bil
-
$1.08
$2.4 Bil
5.6%
0.3%
-0.6%
9.2%
0.9%
-
7/17/2014
6:35:00 AM
Jun '14
Q2 '14
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C-
EPS
Rev
$3.00
$3.0 Bil
$2.87
$2.90
$3.0 Bil
4.5%
1.1%
12.0%
12.1%
3.7%
-
10/28/2014
7:00:00 AM
Sep '14
Q3 '14
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C-
EPS
Rev
$3.39
$3.2 Bil
$3.22
$3.18
$3.2 Bil
5.3%
-0.6%
19.6%
10.6%
0.0%
-
1/29/2015
7:00:00 AM
Dec '14
Q4 '14
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G D-
EPS
Rev
$1.37
$2.6 Bil
$1.42
$1.36
$2.6 Bil
-3.5%
-1.2%
1.0%
4.6%
-0.7%
-
4/16/2015
6:13:00 AM
Mar '15
Q1 '15
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G F
EPS
Rev
$1.42
$2.5 Bil
$1.45
$1.43
$2.5 Bil
-2.1%
-2.0%
17.1%
3.5%
-0.9%
-
7/16/2015
7:00:00 AM
Jun '15
Q2 '15
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G F
EPS
Rev
$3.77
$3.1 Bil
$3.84
$3.82
$3.3 Bil
-1.8%
-3.9%
19.9%
2.9%
-9.5%
-
10/29/2015
7:00:00 AM
Sep '15
Q3 '15
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C-
EPS
Rev
$3.97
$3.2 Bil
$3.91
$3.89
$3.3 Bil
1.5%
-3.0%
13.5%
0.1%
5.4%
-
1/28/2016
7:00:00 AM
Dec '15
Q4 '15
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G D+
EPS
Rev
$2.12
$2.6 Bil
$1.94
$1.90
$2.6 Bil
9.3%
0.6%
49.2%
1.4%
-3.5%
-
4/21/2016
7:00:00 AM
Mar '16
Q1 '16
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C-
EPS
Rev
$1.81
$2.6 Bil
$1.64
$1.63
$2.5 Bil
10.4%
3.8%
25.4%
5.1%
1.0%
-
7/21/2016
7:00:00 AM
Jun '16
Q2 '16
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G F
EPS
Rev
$4.06
$3.2 Bil
$4.20
$4.17
$3.3 Bil
-3.3%
-1.9%
7.9%
2.8%
-4.4%
-
10/25/2016
7:00:00 AM
Sep '16
Q3 '16
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G D-
EPS
Rev
$4.23
$3.3 Bil
$4.36
$4.34
$3.3 Bil
-3.0%
-0.3%
7.1%
4.0%
-8.0%
-
EPS
Rev
-
-
-
$2.10
$2.7 Bil
-
-
-0.9%
4.0%
EPS
Rev
-
-
-
$2.01
$2.7 Bil
-
-
11.0%
3.7%
1/25/2011
$86.12
$4.44
$7.78 Bil
-
-
-
1/26/2012
$98.03
$4.92
$8.77 Bil
10.8%
12.7%
13.8%
1/31/2013
$162.14
$6.51
$9.53 Bil
32.3%
8.8%
65.4%
1/30/2014
$183.74
$7.68
$10.19 Bil
18.0%
6.8%
13.3%
1/29/2015
$274.87
$8.78
$11.13 Bil
14.3%
9.3%
49.6%
1/28/2016
$249.66
$11.16
$11.34 Bil
27.1%
1.9%
-9.2%
1/28/2017
$265.06
$12.31
$11.78 Bil
10.3%
3.9%
6.2%
1/28/2018
$285.38
$13.73
$12.85 Bil
11.5%
9.1%
7.7%
1/28/2019
-
$15.14
-
10.3%
-
-

Price Projection

Current Value
$259
-2%
Projected Price
$285
8%