PPG gains on profit beat, higher full-year earnings outlook
28/10/2026 08:56
BUZZ-PPG gains on profit beat, higher full-year earnings outlook ** Shares of paint and coatings maker PPG Industries PPG.N up 4.8% at $118.9 premarket
** Raises midpoint of full-year adjusted EPS forecast, guiding to $7.90-$8.10 versus LSEG-compiled estimate of $7.88
** Q3 net sales rise 7% to $4.4 bln, driven by higher selling prices and volumes
** Organic sales increase 5%, led by aerospace and Latin American architectural coatings businesses
** Expects low single-digit percentage organic sales growth in the fourth quarter
** Reports Q3 adjusted EPS of $2.25, above analysts' estimate of $2.12 - LSEG-compiled data
** Up to last close, PPG UP 10.7% YTD
(Reporting by Varun Sahay in Bengaluru)