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PPG Industries' (PPG) Earnings & Sales Beat Estimates in Q2
PPG Industries Inc. PPG reported net income from continuing operations of $99 million or 42 per share in second-quarter 2020, down from the year-ago quarter’s profit of $270 million or $1.13 per share.
Barring one-time items, adjusted earnings were 99 cents per share in the reported quarter, down 46.5% from $1.85 logged in the year-ago quarter. Nevertheless, the figure topped the Zacks Consensus Estimate of 65 cents.
Net sales declined 25.1% year over year to $3,015 million. However, the figure surpassed the Zacks Consensus Estimate of $2,833 million. Unfavorable currency swings affected net sales by more than 3%. Sales volume fell 24% year over year.
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https://finance.yahoo.com/news/ppg-indus...03743.html
![[Bild: PPGc1dl1753.png]](https://finviz.com/publish/071720/PPGc1dl1753.png)
PPG Industries Inc. PPG reported net income from continuing operations of $99 million or 42 per share in second-quarter 2020, down from the year-ago quarter’s profit of $270 million or $1.13 per share.
Barring one-time items, adjusted earnings were 99 cents per share in the reported quarter, down 46.5% from $1.85 logged in the year-ago quarter. Nevertheless, the figure topped the Zacks Consensus Estimate of 65 cents.
Net sales declined 25.1% year over year to $3,015 million. However, the figure surpassed the Zacks Consensus Estimate of $2,833 million. Unfavorable currency swings affected net sales by more than 3%. Sales volume fell 24% year over year.
...
https://finance.yahoo.com/news/ppg-indus...03743.html
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