Earnings Preview: PPG Indus
Portfolio Pulse from Benzinga Insights
PPG Indus is set to release its quarterly earnings report on October 16, 2024, with analysts estimating an EPS of $2.15. Despite past EPS beats, the company's stock has historically declined post-announcement. Analysts rate PPG as Neutral with a potential 14.84% upside. PPG's financials show strong net margins and ROE, but revenue growth lags behind peers.

October 15, 2024 | 3:02 pm
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PPG Indus is expected to report an EPS of $2.15. Despite past EPS beats, the stock has historically declined post-announcement. Analysts rate PPG as Neutral with a potential 14.84% upside. Strong net margins and ROE, but revenue growth lags behind peers.
PPG Indus is about to release its earnings, with an expected EPS of $2.15. Historically, even when PPG beats EPS estimates, the stock price tends to decline, as seen in previous quarters. Analysts have a Neutral rating on the stock, suggesting limited short-term movement. However, the potential upside based on the average price target is 14.84%. The company's strong net margins and ROE are positive, but its revenue growth is lagging, which could weigh on investor sentiment.
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