Paint maker PPG Q3 revenue beats estimates on higher product demand and prices

PPG Industries

28/10/2025 20:26

Overview

PPG Q3 2025 revenue rises 1% to $4.1 bln, beating analyst expectations, per LSEG data

Adjusted EPS for Q3 2025 beats consensus

Company repurchased $150 mln in shares during Q3 2025

Outlook

PPG revises full-year EPS guidance to $7.60-$7.70

Company expects organic growth in Q4 despite macro challenges

PPG anticipates solid growth in aerospace and protective coatings

Result Drivers

ORGANIC SALES GROWTH - PPG achieved 2% organic sales growth driven by higher sales volumes and prices

TECHNOLOGY-ADVANTAGED PRODUCTS - Demand for PPG's technology-advantaged products led to double-digit growth in aerospace, protective and marine, and packaging coatings

AUTOMOTIVE OEM COATINGS - Above-market growth in automotive OEM coatings due to share gains

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$4.08 bln
$4.04 bln (18 Analysts)
Q3 Adjusted EPS
Beat
$2.13
$2.08 (20 Analysts)
Q3 EPS
$1.96
Q3 Adjusted Net Income
Beat
$481 mln
$475.01 mln (12 Analysts)
Q3 Net Income
$444 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy", 14 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the commodity chemicals peer group is "buy"

Wall Street's median 12-month price target for PPG Industries Inc is $125.00, about 15.6% above its October 27 closing price of $105.45

The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 14 three months ago

Press Release: ID:nBw4PH478a

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)