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Economy And The Numbers

PPG Industries Inc. Q2 Profit Declines

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

PPG Industries Inc. (PPG) announced earnings for second quarter that Drops, from last year

The company's bottom line came in at $437 million, or $1.95 per share. This compares with $450 million, or $1.98 per share, last year.

Excluding items, PPG Industries Inc. reported adjusted earnings of $500 million or $2.23 per share for the period.

The company's revenue for the period rose 7.2% to $4.495 billion from $4.195 billion last year.

PPG Industries Inc. earnings at a glance (GAAP) :

-Earnings: $437 Mln. vs. $450 Mln. last year.
-EPS: $1.95 vs. $1.98 last year.
-Revenue: $4.495 Bln vs. $4.195 Bln last year.

-Guidance:
Full year EPS guidance: $ 7.70 To $ 8.10

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