PPG Industries (PPG) Tops Q1 EPS by 3c

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PPG Reports First Quarter 2017 Financial Results

April 20, 2017 6:51 AM EDT

Net sales of approximately $3.6 billion and reported earnings per diluted share from continuing operations of $1.29, up 4 cents versus prior year Adjusted earnings per diluted share from continuing operations of $1.35, up more than 6 percent from prior year including unfavorable impact from foreign currency Sales volume growth of 2 percent versus prior year, with solid earnings leverage Initial pricing underway to address inflating raw material costs Operational excellence driving lower manufacturing and overhead costs Made compelling proposal on March 20, 2017, to... More