PPG Industries Inc reports results for the quarter ended June 30 - Earnings Summary
29/07/2025 22:02
PPG Industries Inc PPG.N reported quarterly adjusted earnings of $2.22 per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $2.50. The mean expectation of nineteen analysts for the quarter was for earnings of $2.23 per share. Wall Street expected results to range from $2.15 to $2.33 per share. Revenue fell 12.5% to $4.20 billion from a year ago; analysts expected $4.16 billion. PPG Industries Inc's reported EPS for the quarter was $1.98. The company reported quarterly net income of $450 million. PPG Industries Inc shares had risen by 0.2% this quarter and lost 4.6% so far this year. FORECAST CHANGES The mean earnings estimate of analysts had fallen by about 0.8% in the last three months. In the last 30 days, one analyst negatively revised an earnings estimate RECOMMENDATIONS The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy," 16 "hold" and no "sell" or "strong sell." The average consensus recommendation for the commodity chemicals peer group is also "buy" Wall Street's median 12-month price target for PPG Industries Inc is $130.50, about 12.7% above its last closing price of $113.97 This summary was machine generated from LSEG data July 29 at 09:01 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
| QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
| Jun. 30 2025 | 2.23 | 2.22 | Missed |
| Mar. 31 2025 | 1.62 | 1.72 | Beat |
| Dec. 31 2024 | 1.65 | 1.61 | Missed |
| Sep. 30 2024 | 2.15 | 2.13 | Missed |