PPG Industries (PPG) Reports In-Line Q3 EPS

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PPG Reports Third Quarter 2017 Financial Results

October 19, 2017 6:51 AM EDT

Net sales of approximately $3.8 billion, up more than 3 percent versus prior year Earnings per diluted share from continuing operations of $1.52 including unfavorable impact of natural disasters Progress toward operating margin recovery despite persistent raw material cost inflation Completed sale of remaining Glass business Ended quarter with $2.3 billion of cash and short-term investments Continued commitment to spend $3.5 billion on acquisitions and share repurchases in combined 2017 and 2018, with more than $700 million spent to date

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