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Thursday, October 16, 2008
Sherwin-Williams Earnings Per Share Down 3% In Quarter
John Ittner
MarketWatch Pulse
NEW YORK -- The Sherwin-Williams Co. said Thursday that third-quarter earnings were $177 million, or $1.50 a share, compared to $200 million, or $1.55 a share in the same period a year ago. Sales in the period rose to $2.27 billion compared to $2.20 billion in the same period a year ago. Analysts polled by FactSet Research estimated, on average, earnings per share of $1.27 and sales of $2.19 billion. The company said it sees fourth-quarter earnings per share of 40 cents to 60 cents and full-year earnings per share of $3.97 to $4.17.
Copyright © 2008 MarketWatch, Inc.
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Sure, we know some of you are saying the term "marriage penalty" is redundant. In fact, of all the costs associated with getting married (have you seen the cost of a wedding cake lately?), the marriage penalty can be the worst.
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