Sherwin-Williams (SHW) Q1 Earnings on the Horizon: Analysts' Insights on Key Performance Measures

The upcoming report from Sherwin-Williams (SHW) is expected to reveal quarterly earnings of $2.18 per share, indicating an increase of 0.5% compared to the year-ago period. Analysts forecast revenues of $5.38 billion, representing an increase of 0.2% year over year.Over the last 30 days, there has been a downward revision of 1% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.With that in mind, let's delve into the average projections of some Sherwin-Williams metrics that are commonly tracked and projected by analysts on Wall Street.The combined assessment of analysts suggests that 'Net sales- Paint Stores Group' will likely reach $2.92 billion. The estimate points to a change of +1.6% from the year-ago quarter.The average prediction of analysts places 'Net sales- Consumer Brands Group' at $761.41 million. The estimate points to a change of -6.1% from the year-ago quarter.It is projected by analysts that the 'Net sales- Performance Coatings Group' will reach $1.65 billion. The estimate indicates a year-over-year change of -2.1%.The consensus estimate for 'Net New Stores - Paint Stores Group' stands at 9. Compared to the current estimate, the company reported 7 in the same quarter of the previous year.Analysts forecast 'Number of Stores - Paint Stores Group' to reach 4,782. Compared to the current estimate, the company reported 4,701 in the same quarter of the previous year.Analysts predict that the 'Segment Profit- Paint Stores Group' will reach $520.36 million. Compared to the current estimate, the company reported $493.20 million in the same quarter of the previous year.According to the collective judgment of analysts, 'Adjusted segment profit- Performance Coatings Group (PCG)' should come in at $283.62 million. The estimate compares to the year-ago value of $286.90 million.The consensus among analysts is that 'Adjusted segment profit- Consumer Brands Group (CBG)' will reach $155.01 million. The estimate is in contrast to the year-ago figure of $169.90 million.View all Key Company Metrics for Sherwin-Williams here>>>Shares of Sherwin-Williams have experienced a change of -3.8% in the past month compared to the -5.1% move of the Zacks S&P 500 composite. With a Zacks Rank #4 (Sell), SHW is expected to underperform the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>Zacks Names #1 Semiconductor StockIt's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom.With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028.See This Stock Now for Free >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The Sherwin-Williams Company (SHW): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks