PPG rises to over 1-month high after preliminary Q1 earnings beat

PPG Industries

16/04/2026 15:23

Updates

** PPG PPG.N shares climb 5.3% to $113.40- highest since March 5

** The paints and coatings maker reported preliminary Q1 adjusted EPS of $1.83 vs consensus of $1.71, per LSEG, citing strength in its aerospace and Latin America architectural coatings businesses

** Co says has begun raising prices up to 20% due to the Middle East conflict

** PPG also acquired pavement-marking solutions business Ozark Materials in a ~$65 mln cash deal with chemical firm Ingevity NGVT.N

** PPG will announce Q1 results on April 28 after U.S. markets close

** Including session's move, shares up 10.7% YTD vs a 2.5% rise for the S&P 500 .SPX

 (Reporting by Ragini Mathur in Bengaluru)

 ((Ragini.Mathur@thomsonreuters.com;))