J.P. Morgan Maintains SHW 2011 EPS Estimate

On Sherwin-Williams SHW, J.P. Morgan is maintaining its 2011 EPS estimate of $5.00. “We note that 2011 EPS are assisted by roughly $0.10/share in earnings accretion from acquisitions, by our estimate,” J.P. Morgan writes. “We shaved our 2012 EPS forecast from $5.60 to $5.55. Our initial 2013 EPS projection is $6.10.” Sherwin-Williams closed Monday at $83.18.