Sherwin-Williams Co Q1 Earnings Advance

(RTTNews) - Sherwin-Williams Co (SHW) released a profit for its first quarter that increased from the same period last year.

The company's earnings totaled $250.13 million, or $2.62 per share. This compares with $239.15 million, or $2.53 per share, in last year's first quarter.

Analysts had expected the company to earn $3.16 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 43.8% to $3.97 billion from $2.76 billion last year.

Sherwin-Williams Co earnings at a glance:

-Earnings (Q1): $250.13 Mln. vs. $239.15 Mln. last year. -EPS (Q1): $2.62 vs. $2.53 last year. -Analysts Estimate: $3.16 -Revenue (Q1): $3.97 Bln vs. $2.76 Bln last year.

-Guidance: Full year EPS guidance: $14.95 - $15.45