PPG Reports Record Second Quarter Net Sales and Earnings Per Share
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PPG Industries (PPG) Promotes Michael McGarry to CEO
July 16, 2015 9:21 AM EDTPPG Industries (NYSE: PPG) announced Michael H. McGarry will become President and CEO, effective Sept.1, 2015. McGarry will join the companys Board of Directors immediately.
McGarry, 57, who has served as PPGs President and Chief Operating Officer since March, will succeed Chairman and CEO Charles E.... More
PPG Industries (PPG) Tops Q2 EPS by 3c
July 16, 2015 6:51 AM EDTPPG Industries (NYSE: PPG) reported Q2 EPS of $1.67, $0.03 better than the analyst estimate of $1.64. Revenue for the quarter came in at $4.1 billion versus the consensus estimate of $4.16 billion.
We delivered all-time-record adjusted earnings per share, up 18 percent, supported by second quarter earnings records in each of our coatings segments and expanded year-over-year earnings in our glass segment, said Charles E. Bunch, PPG chairman and chief executive officer. We achieved these records despite the significant impact of unfavorable foreign currency... More
