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

Despite a disappointing Q2 earnings result, PPG Industries has strong leverage to short-cycle and longer-cycle recoveries, as well as organic growth & M&A synergy opportunities.

CouponFollow Extension

$2.24
OFF

PPG - PPG Reports Second Quarter 2024 Financial Results - PPG …

2 weeks from now

Jul 18, 2024 · Record reported earnings per diluted share (EPS) of $2.24 and adjusted EPS of $2.50 Net sales of $4.8 billion; organic sales flat versus prior year Segment margins improved …

ppg.com

4%
OFF

PPG - PPG Reports Record Second Quarter Financial ... - PPG Industries

2 weeks from now

Record quarterly net sales of $4.9 billion Organic sales growth of 4% year over year (YOY), led by higher selling prices Record quarterly earnings per diluted share (EPS) of $2.06 and adjusted …

ppg.com

8%
OFF

PPG - PPG Reports Second Quarter 2022 Financial Results - PPG …

2 weeks from now

Jul 21, 2022 · Record second quarter net sales of $4.7 billion, approximately 8% higher than prior year Organic sales growth of 8%, driven by higher selling prices, which are up by 15% on a …

ppg.com

94%
OFF

PPG Industries (PPG) Q2 2024 Earnings Call Transcript

2 weeks from now

Jul 19, 2024 · PPG Industries (PPG-2.94%) Q2 2024 Earnings Call Jul 19, 2024 ... enough to counter whatever net increase in costs there may be to us, we -- the biggest consumer of TiO2 …

fool.com

$528
OFF

PPG Industries (PPG) Q2 Earnings Top Estimates, Sales Lag

2 weeks from now

Jul 19, 2024 · PPG Industries, Inc. PPG reported a second-quarter 2024 profit of $528 million or $2.24 per share, up from $490 million or $2.06 per share in the year-ago quarter.

nasdaq.com

$528
OFF

PPG Industries (PPG) Q2 Earnings Top Estimates, Sales Lag - Yahoo …

2 weeks from now

Jul 19, 2024 · PPG Industries, Inc. PPG reported a second-quarter 2024 profit of $528 million or $2.24 per share, up from $490 million or $2.06 per share in the year-ago quarter.

yahoo.com

$443
OFF

PPG Industries (PPG) Q2 Earnings Top Estimates, Sales Lag

2 weeks from now

Jul 22, 2022 · PPG Industries Inc. PPG logged net income of $443 million or $1.86 per share in second-quarter 2022, up from the year-ago quarter’s profit of $431 million or $1.80 per …

nasdaq.com

$2.50
OFF

PPG Industries (PPG) Beats Q2 Earnings Estimates - Nasdaq

2 weeks from now

Jul 18, 2024 · PPG Industries (PPG) came out with quarterly earnings of $2.50 per share, beating the Zacks Consensus Estimate of $2.48 per share. This compares to earnings of $2.25 per …

nasdaq.com

3%
OFF

PPG Industries Reports Q2 Beat But Cites Cost Pressures - Seeking …

2 weeks from now

Jul 19, 2018 · PPG Industries (PPG -0.3%) edges lower despite reporting slightly better than expected Q2 earnings and revenues, driven by higher selling prices,...

seekingalpha.com

26%
OFF

PPG Industries (PPG) Q2 2022 Earnings Call Transcript

2 weeks from now

Jul 22, 2022 · PPG Industries (PPG-2.26%) Q2 2022 Earnings Call Jul 22, 2022, 8:00 a.m. ET. Contents: Prepared Remarks; Questions and Answers; Call Participants; Prepared Remarks: …

fool.com

$1.94
OFF

PPG Industries (PPG) Q2 Earnings And Revenues Lag Estimates

2 weeks from now

Jul 19, 2021 · P PG Industries (PPG) came out with quarterly earnings of $1.94 per share, missing the Zacks Consensus Estimate of $2.19 per share. This compares to earnings of …

nasdaq.com

3%
OFF

PPG Industries (PPG) To Post Q2 Earnings: What's In Store?

2 weeks from now

Jul 14, 2021 · PPG Industries’ earnings beat the Zacks Consensus Estimate in all of the last four quarters. It has a trailing four-quarter earnings surprise of roughly 18.3%, on average.

nasdaq.com

FAQs about PPG Industries Q2 Earnings: Hit Hard By Costs, But There Are … Coupon?

What will PPG Industries' earnings look like in the second quarter?

PPG Industries envisions adjusted earnings for the second quarter to be $2.15-$2.2 per share. It expects sequential net sales to rise a low-teen percentage in the second quarter compared with the first quarter and in-line with historical pre-pandemic sequential quarterly changes. ...

How did ppg perform in the second quarter?

Tim Knavish, PPG president and chief executive officer, commented on the quarter: The PPG team delivered record sales and earnings in the second quarter driven by our diverse portfolio. While overall global industrial demand was lackluster, several of our technology-advantaged businesses and leading brands once again delivered strong growth. ...

Why is ppg not able to reconcile earnings per diluted share?

PPG is not able to provide a reconciliation of third quarter and full-year 2024 expected adjusted earnings per diluted share to the most directly comparable GAAP financial measure without unreasonable effort because certain items that impact such measure are uncertain or cannot be reasonably predicted at this time. ...

Is PPG Industries' earnings estimate revisions trend unfavorable?

Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for PPG Industries: unfavorable. ...

Did PPG Industries beat the Zacks consensus estimate for earnings?

PPG Industries beat the Zacks Consensus Estimate for earnings in two of the trailing four quarters, missed once while delivering in-line results on the other occasion. It delivered a trailing four-quarter earnings surprise of around 0.5%, on average. ...

Why is ppg raising selling prices?

PPG is raising selling prices across its business segments to offset cost inflation and drive profitability. It witnessed a year-over-year improvement in consolidated segment margin in the first quarter. Notably, the first quarter marked the sixth consecutive quarter of year-over-year margin growth. ...