Sherwin-Williams (SHW) - Get Sherwin-Williams Company Report is expected to report net income of $597.1 million, or $6.38 a share, on sales of $4.9 billion before the market opens on Tuesday, based on a FactSet survey of 24 analysts.
In the same period a year ago, the company posted earnings of $5.73 a share on sales of $4.8 billion. It reported net income of $250.1 million.
The stock has fallen 0.8% since the company last reported earnings on Apr. 23.
Quarterly estimates have fallen 4.6 cents a share in the past month.
Sherwin-Williams is currently trading at a price-to-forward-earnings ratio of 20.1 based on the 12-month estimates of 27 analysts surveyed by FactSet.
In the upcoming quarter analysts are forecasting net income of $613.3 million, or $6.54 a share, on sales of $5 billion.
Introducing TheStreet Courses: Financial titans Jim Cramer and Robert Powell are bringing their market savvy and investing strategies to you. Learn how to create tax-efficient income, avoid top mistakes, reduce risk and more. With our courses, you will have the tools and knowledge needed to achieve your financial goals. Learn more about TheStreet Courses on investing and personal finance here.