PPG Reports First Quarter 2020 Financial Results

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/30/2026

1. INTC
2. AMZN
3. PINS
4. COIN
5. RDDT
6. FSLR
7. SYK
8. SBUX
9. SNDK
10. MA

Go back to PPG Reports First Quarter 2020 Financial Results

PPG Industries (PPG) Tops Q1 EPS by 1c

April 27, 2020 4:21 PM EDT

PPG Industries (NYSE: PPG) reported Q1 EPS of $1.19, $0.01 better than the analyst estimate of $1.18. Revenue for the quarter came in at $3.4 billion versus the consensus estimate of $3.4 billion.

First quarter net sales of about $3.4 billion, approximately 7% lower than the prior year and down nearly 5% in constant currenciesFirst quarter reported earnings per diluted share (EPS) of $1.02 and adjusted EPS of $1.19Net sales and EPS includes an estimated unfavorable impact from the effects of the COVID-19 pandemic of approximately $225 million and $0.35, respectivelyRapid implementation of cash and cost management actionsCash and short-term investments... More