PPG Indus Q3 Adj EPS $2.07 Beats $1.95 Estimate, Sales $4.64B Beat $4.62B Estimate
Portfolio Pulse from Benzinga Newsdesk
PPG Indus (NYSE:PPG) reported Q3 adjusted earnings of $2.07 per share, beating the analyst consensus estimate of $1.95 by 6.15%. This is a 24.7% increase from the same period last year. The company also reported quarterly sales of $4.64 billion, beating the analyst consensus estimate of $4.62 billion by 0.50%, a 3.94% increase from the same period last year.
October 18, 2023 | 8:06 pm
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POSITIVE IMPACT
PPG Indus reported better than expected Q3 earnings and sales, which could positively impact its stock price.
PPG Indus reported Q3 earnings and sales that beat analyst estimates. This is generally seen as positive news and could lead to an increase in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100