PPG Industries

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%.

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https://finance.yahoo.com/news/ppg-indus...03415.html

PPG Industries (PPG) Q4 Earnings Miss, Sales Beat Estimates

PPG Industries Inc. PPG delivered net income from continuing operations of $295 million or $1.23 per share in fourth-quarter 2019, up from the year-ago quarter’s profit of $256 million or $1.07.

Barring one-time items, adjusted earnings were $1.31 per share in the reported quarter, up 13.9% from $1.15 logged in the year-ago quarter. However, the figure trailed the Zacks Consensus Estimate of $1.35.

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https://finance.yahoo.com/news/ppg-indus...03852.html

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

PPG Industries' (PPG) Earnings & Sales Beat Estimates in Q3

PPG Industries Inc. PPG reported net income from continuing operations of $442 million or $1.86 per share in third-quarter 2020, up from the year-ago quarter’s profit of $366 million or $1.54 per share.

Barring one-time items, adjusted earnings were $1.93 per share in the reported quarter, up 15.6% from $1.67 logged in the year-ago quarter. The figure also topped the Zacks Consensus Estimate of $1.92.

Net sales declined 3.7% year over year to $3,685 million. However, the figure surpassed the Zacks Consensus Estimate of $3,608.7 million.


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https://finance.yahoo.com/news/ppg-indus...02131.html