PPG reports fourth quarter and full-year 2024 financial results

Industrial Coatings segment net sales declined compared to the fourth quarter 2023 primarily due to lower sales volumes and lower selling prices from certain index-based customer contracts. …


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PPG Industries Misses Earnings And Sales Estimates In Q4 - Yahoo …

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18 hours ago  · PPG Industries, Inc. PPG reported fourth-quarter 2024 adjusted earnings per share (EPS) of $1.61, which increased from $1.56 in the year-ago quarter. The figure missed …

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What To Expect From PPG Industries' Next Quarterly Earnings Report

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Jan 2, 2025  · As PPG Industries is gearing up to release its fourth ... Industrial Coatings faced a 6% sales decline due to lower volumes and index-based pricing. ... PPG's average analyst …

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PPG Reports Fourth Quarter And Full-year 2023 Financial Results

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Jan 18, 2024  · Fourth quarter highlights include: Record fourth quarter net sales of $4.4 billion Net sales up 4% year over year (YOY), including organic sales growth of 1% Quarterly earnings …

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Coatings Maker PPG Misses Q1 Revenue Estimates On Lower Sales …

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Apr 18, 2024  · Net sales of PPG's industrial coatings segment fell 3% to $1.70 billion, from $1.75 billion a year earlier, due to lower selling prices and slightly lower sales volumes.

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Why Is PPG Industries (PPG) Down 6% Since Last Earnings Report?

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Nov 15, 2024  · PPG Industries' Earnings and Sales Miss Estimates in Q3 PPG Industries reported a third-quarter 2024 profit of $468 million or $2 per share, up from $426 million or $1.79 per …

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PPG Industries Investors Are Concerned Margin Cycle Turning …

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Apr 22, 2024  · PPG shares currently trade at 11.4x the analyst’s 2024E EV/ EBITDA. Price Action : PPG shares are trading lower by 0.22% at $130.61 on the last check Monday. Photo via …

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PPG Industries (PPG) Tops Q4 Earnings And Revenue Estimates

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Jan 21, 2022  · PPG Industries Inc. PPG logged net income from continuing operations of $267 million or $1.12 per share in fourth-quarter 2021, down from the year-ago quarter’s profit of …

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NJ Industrial Market

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RESEARCH 4Q 2021 Economic Conditions New Jersey’s labor market continued to make strides from last year, with total employment up 5.1%. Unemployment is 6.6%, down from a high of …

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FAQs about PPG reports fourth quarter and full-year 2024 financial results Coupon?

How did PPG Industries perform in the fourth quarter?

By Connor Hart PPG Industries swung to a loss and posted lower revenue in the fourth quarter, dragged down by soft industrial demand. The Pittsburgh paint and coatings company on Thursday reported a net loss of $280 million, or $1.20 a share, compared with a profit of $90 million, or 38 cents a share, in the same quarter last year. ...

Why did PPG Industries Miss Wall Street's fourth-quarter profit expectations?

PPG Industries missed Wall Street's fourth-quarter profit expectations on Thursday, due to lower demand for its industrial and architectural coatings products and weak prices. ...

How did ppg perform in Q4?

Adjusted EPS for full-year 2024 was $7.87 per share compared with $7.42 a year ago. Net sales decreased 2% year over year to $15,845 million. Adjusted EPS and total segment EBITDA margins of PPG increase in Q4 due to sales of technology-advantaged products. ...

Why did ppg's net sales fall 2% a year earlier?

Quarterly net sales fell about 2% to $4.31 billion from a year earlier. Analysts had expected $4.43 billion. Net sales of PPG's industrial coatings segment fell 3% to $1.70 billion, from $1.75 billion a year earlier, due to lower selling prices and slightly lower sales volumes. ...

Is ppg the largest coating company in the world?

It is the largest coatings company in the world, followed by Sherwin-Williams. At PPG's automotive OEM coatings unit, which sells paints, coatings and adhesives to the auto industry, organic sales declined by double-digit percentage. However, performance coatings sales during the third-quarter rose compared to last year led by aerospace coatings. ...

Is ppg reviewing strategic alternatives for its architectural coatings business?

PPG had said in February that it would review strategic alternatives for its architectural coatings business in the United States and Canada, less than two months after the paints and coatings maker said it was reviewing alternatives for its silica products business. (Reporting by Roshia Sabu in Bengaluru; Editing by Alan Barona) ...

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