PPG Expects Q3 Organic Sales Growth Of Flat To Up Low Single Digits, Adjusted EPS Of $2.10 - $2.20 (Est $2.48)
Portfolio Pulse from Benzinga Newsdesk
PPG Industries expects Q3 organic sales growth to be flat to up low single digits and adjusted EPS to be between $2.10 and $2.20, below the estimated $2.48.
July 18, 2024 | 8:08 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
PPG Industries expects Q3 organic sales growth to be flat to up low single digits and adjusted EPS to be between $2.10 and $2.20, which is below the estimated $2.48.
PPG Industries' guidance for Q3 organic sales growth and adjusted EPS is below market expectations. This is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100