PPG Industries (PPG) reported third quarter net income attributable to PPG of $159 million or $0.96 per share, compared to $117 million or $0.70 per share last year.
Adjusted net income was $161 million, or $0.97 per share, compared to $$227 million, or $1.37 per share in the same quarter last year.
On average, 12 analysts polled by Thomson Reuters expected the company to report earnings of $0.89 per share. Analysts' estimates typically exclude special items.
Net sales declined to $3.23 billion from $4.23 billion in the prior year quarter. Eight analysts estimated revenues of $3.13 billion.
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