offline
PPG Industries (PPG) Q4 Earnings Beat, Sales Miss Estimates
PPG Industries Inc. PPG logged net income from continuing operations of $256 million or $1.07 per share for fourth-quarter 2018, up roughly 73% from the year-ago profit of $148 million or 58 cents.
Barring one-time items, adjusted earnings were $1.15 per share in the reported quarter, down around 3.4% from $1.19 a year ago. It, however, beat the Zacks Consensus Estimate of $1.09.
Net sales were down 1% year over year to $3,645 million. It missed the Zacks Consensus Estimate of $3,659 million. Unfavorable currency swings affected net sales by around 3%. The company recorded net sales growth in constant currencies of about 2% on a year-over-year basis, supported by a rise in selling prices of more than 2%.
...
https://finance.yahoo.com/news/ppg-indus...03415.html
![[Bild: PPGc1dl1649.png]](https://finviz.com/publish/011719/PPGc1dl1649.png)
PPG Industries Inc. PPG logged net income from continuing operations of $256 million or $1.07 per share for fourth-quarter 2018, up roughly 73% from the year-ago profit of $148 million or 58 cents.
Barring one-time items, adjusted earnings were $1.15 per share in the reported quarter, down around 3.4% from $1.19 a year ago. It, however, beat the Zacks Consensus Estimate of $1.09.
Net sales were down 1% year over year to $3,645 million. It missed the Zacks Consensus Estimate of $3,659 million. Unfavorable currency swings affected net sales by around 3%. The company recorded net sales growth in constant currencies of about 2% on a year-over-year basis, supported by a rise in selling prices of more than 2%.
...
https://finance.yahoo.com/news/ppg-indus...03415.html
