=Sherwin-Williams (SHW) reported 4Q earnings on Thur 28 Jan 2016 (before open)

** charts before earnings **



** charts after earnings **

Sherwin-Williams beats by $0.25, reports revs in-line; guides Q1 EPS in-line; guides FY16 EPS below consensus :

• Reports Q4 (Dec) earnings of $2.12 per share, $0.25 better than the Capital IQ Consensus of $1.87; revenues rose 1.4% year/year to $2.6 bln vs the $2.59 bln Capital IQ Consensus
• Co continues to generate significant cash from operations allowing it to invest in the business and return a substantial portion to our shareholders
• Co issues in-line guidance for Q1, sees EPS of $1.50-1.65 vs. $1.59 Capital IQ Consensus Estimate; co anticipates its consolidated net sales will increase a low single digit percentage compared to the first quarter of 2015 
• Co issues downside guidance for FY16, sees EPS of $12.20-12.40 vs. $12.73 Capital IQ Consensus Estimate; co expects consolidated net sales to increase a low single digit percentage compared to full year 2015