Sherwin-Williams raises FY23 adj EPS view to $10.10-$10.30 from $9.30-$9.70

Consensus for FY23 revenue is $9.83. Still sees FY23 revenue up in the low single digits, consensus $22.84B. CEO Morikis said, “Our Q4 is a seasonally smaller one, and we continue to expect choppiness by region and end market. More importantly, we continue to see opportunity amid uncertainty, and our businesses are well-positioned. We remain confident in our proven strategy and our differentiated customer-focused product and service solutions, and we expect to continue to outgrow the market”.