The Sherwin-Williams Company Reports 2021 First Quarter Financial Results
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Sherwin-Williams (SHW) Tops Q1 EPS by 42c, Revenues Beat; Offers FY21 EPS Mid-Point Guidance Above Consensus
April 27, 2021 7:03 AM EDTSherwin-Williams (NYSE: SHW) reported Q1 EPS of $2.06, $0.42 better than the analyst estimate of $1.64. Revenue for the quarter came in at $4.66 billion versus the consensus estimate of $4.51 billion.
SUMMARY
Consolidated net sales increased 12.3% to $4.66 billionNet sales from stores in U.S. and Canada open more than twelve calendar months increased 8.2%Diluted net income per share increased to $1.51 per shareAdjusted diluted net income per share increased 51.5% to $2.06 per shareAdjusted Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) increased to $848.7 million, or 18.2% of salesNet operating cash increased 256% to $195.7... More