PPG Industries Inc. Q3 adjusted earnings Beat Estimates

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

The company's earnings came in at $367 million, or $1.54 per share. This compares with $378 million, or $1.55 per share, in last year's third quarter.

Excluding items, PPG Industries Inc. reported adjusted earnings of $396 million or $1.67 per share for the period.

Analysts had expected the company to earn $1.61 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 0.3% to $3.83 billion from $3.82 billion last year.

PPG Industries Inc. earnings at a glance:

-Earnings (Q3): $396 Mln. vs. $353 Mln. last year.
-EPS (Q3): $1.67 vs. $1.45 last year.
-Analysts Estimate: $1.61
-Revenue (Q3): $3.83 Bln vs. $3.82 Bln last year.

Full year EPS guidance: $6.17 to $6.27

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