PPG Industries Inc. Profit Retreats In Q3

(RTTNews) - PPG Industries Inc. (PPG) revealed earnings for third quarter that declined from the same period last year.

The company's earnings totaled $344 million, or $1.43 per share. This compares with $442 million, or $1.86 per share, in last year's third quarter.

Excluding items, PPG Industries Inc. reported adjusted earnings of $406 million or $1.69 per share for the period.

The company's revenue for the quarter rose 18.4% to $4.37 billion from $3.69 billion last year.

PPG Industries Inc. earnings at a glance:

-Earnings (Q3): $406 Mln. vs. $481 Mln. last year. -EPS (Q3): $1.69 vs. $2.03 last year. -Revenue (Q3): $4.37 Bln vs. $3.69 Bln last year.

-Guidance: Full year EPS guidance: $6.67 to $6.73

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story


Latest Markets Videos


Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.

Learn More