PPG Earnings: Industrial Coating Headwinds Show Few Signs of ...

1 day ago · Narrow-moat PPG reported third-quarter results that were slightly below our initial expectations. Net sales fell 4.7% year over year due to weakness in industrial and architectural end markets ...

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PPG Earnings: Industrial Coating Headwinds Show Few Signs Of ...

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PPG Industries (PPG) Reports Q4 Earnings: What Key Metrics

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1 day ago · For the quarter ended December 2024, PPG Industries (PPG) reported revenue of $3.73 billion, down 14.3% over the same period last year. EPS came in at $1.61, compared to …

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PPG Earnings: Lackluster Industrial Demand Offset By Performance ...

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Oct 17, 2024 · Narrow-moat PPG reported third-quarter results that came with few surprises. Net sales fell roughly 1.5% year over year as gains in the performance coatings segment were …

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What To Expect From PPG Industries' Next Quarterly Earnings Report

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Jan 2, 2025 · Adjusted earnings for the last quarter came in at $2.13 per share, slightly below the consensus estimate. Weaker Industrial Coatings sales drove PPG's adjusted EPS miss, while …

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PPG Industries: Still Not Painting A Pretty Picture - Seeking Alpha

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Nov 7, 2024 · Alongside the third quarter earnings release, PPG announced that it has reached a deal to sell 100% of its US and Canadian architectural coatings business to American …

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PPG Industries' Earnings And Sales Miss Estimates In Q3 - Yahoo …

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Oct 17, 2024 · PPG Industries, Inc. PPG reported a third-quarter 2024 profit of $468 million or $2 per share, up from $426 million or $1.79 per share in the year-ago quarter. In the reported …

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PPG Industries Q2 Earnings: Hit Hard By Costs, But There Are …

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Performance Coating revenue rose more than 12% on 9% volume growth (to $2.75B), while Industrial Coating revenue rose almost 60% (to $1.61B) on 56% volume growth.

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PPG Industries (PPG) To Post Q4 Earnings: What's In Store?

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Jan 18, 2022 · PPG Industries’ earnings beat the Zacks Consensus Estimate in three of the last four quarters. It has a trailing four-quarter earnings surprise of around 4.3%, on average.

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PPG Navigates Moderating Industrial Demand But Input Cost …

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Oct 17, 2024 · The industrial coatings segment (40% of sales) supplies coatings used in auto, packaging, metals, and industrial equipment manufacturing. The company generates more …

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FAQs about PPG Earnings: Industrial Coating Headwinds Show Few Signs of ... Coupon?

What is ppg's net sales estimate for industrial coatings & Performance Coatings?

Our estimate for PPG’s Industrial Coatings segment’s net sales is pegged at $1,627.4 million, indicating a 6.2% decline on a year-over-year basis. Also, our estimate for net sales for the Performance Coatings segment stands at $2,637.2 million, suggesting a year-over-year increase of 0.8%. ...

How did ppg perform in the third quarter?

Net sales at PPG's performance coatings segment rose to $2.92 billion in the third quarter, compared with $2.88 billion a year earlier. Meanwhile, sales at its industrial coatings segment fell 6% to $1.65 billion from the same quarter a year ago. ...

Why did ppg sell the architectural coatings business?

Shocked they sold the architectural coatings business as this was one of the cornerstones of the paint empire PPG had been creating over the many decades. Current PPG leadership is all about financial performance so they can achieve their personal bonuses. Dividends will not be going up anymore as they are now a real “one trick pony” company. ...

Does ppg have a tailwind?

PPG has implemented considerable actions to address adverse business conditions in specific areas and end-use markets. The cost savings generated by restructuring initiatives are likely to have acted as a tailwind for the company in the December quarter. ...

Why is ppg implementing a cost-cutting and restructuring strategy?

The company is implementing an aggressive cost-cutting and restructuring strategy to optimize its global cost structure. PPG has implemented considerable actions to address adverse business conditions in specific areas and end-use markets. ...

Are PPG's dividends going up?

Current PPG leadership is all about financial performance so they can achieve their personal bonuses. Dividends will not be going up anymore as they are now a real “one trick pony” company. So sad that these executives can destroy a company that had a great history. ...