PPG Industries (PPG) Tops Q1 EPS by 3c

PPG Industries (NYSE: PPG) reported Q1 EPS of $2.37, $0.03 better than the analyst estimate of $2.34. Revenue for the quarter came in at $3.7 billion versus the consensus estimate of $3.79 billion.

PPG reported today cash and short-term investments totaling approximately $1.2 billion at quarter-end. In the first quarter, the company repurchased $200 million, or about 860,000 shares, of PPG stock. The company has approximately $1.5 billion remaining of its current share repurchase authorization, which was approved in 2014.

For earnings history and earnings-related data on PPG Industries (PPG) click here.

You May Also Be Interested In

• Shipping stocks on fire — but cracks are forming in the rate rally
• Trip.com Group Limited (TCOM) PT Lowered to $60 at StoneX on Challenging Near-Term Setup
• Bernstein SocGen on GE Vernova (GEV): 'Still wired to win'