PPG Industries Inc. Earnings Rise 3% In Q1

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(RTTNews.com) - PPG Industries Inc. ( PPG ) revealed a profit for its first quarter that climbed compared to the same period last year.

The company said its bottom line totaled $351 million, or $1.35 per share. This was higher than $341 million, or $1.27 per share, in last year's first quarter.

Analysts had expected the company to earn $1.32 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 0.8% to $3.57 billion. This was up from $3.54 billion last year.

PPG Industries Inc. earnings at a glance:

-Earnings (Q1): $351 Mln. vs. $341 Mln. last year.
-Earnings Growth (Y-o-Y): 2.9%
-EPS (Q1): $1.35 vs. $1.27 last year.
-EPS Growth (Y-o-Y): 6.3%
-Analysts Estimate: $1.32
-Revenue (Q1): $3.57 Bln vs. $3.54 Bln last year.
-Revenue Change (Y-o-Y): 0.8%

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This article appears in: Fundamental Analysis , World Markets , Stocks , Earnings
Referenced Symbols: PPG , TRI

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