SHW raised FY19 adjusted EPS view to $20.90-$21.30 from $20.40-$21.40
The company said, "For the Q4, we anticipate our consolidated net sales will increase by a low single digit percentage compared to last year's fourth quarter. For the FY19, we expect our consolidated net sales will increase by a low single digit percentage compared to the full year 2018. We are updating our FY19 diluted net income per share guidance to be in the range of $17.07-$17.47 per share. Diluted net income per share in 2018 was $11.67 per share, including a charge of $4.15 per share for acquisition-related costs and a charge of $2.71 per share for non-operating expenses. We are increasing our FY19 adjusted diluted net income per share guidance to be in the range of $20.90-$21.30 per share, excluding charges for acquisition-related costs and non-operating expenses, compared to $18.53 per share for the FY18 on a comparable basis."