PPG Industries (PPG) Tops Q2 EPS by 2c

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Go back to PPG Industries (PPG) Tops Q2 EPS by 2c

PPG Reports Second Quarter 2018 Financial Results

July 19, 2018 6:51 AM EDT

Net sales of approximately $4.1 billion, up nearly 9 percent versus prior year Reported earnings per diluted share from continuing operations of $1.51 Second quarter adjusted earnings per diluted share from continuing operations of $1.90, up nearly 6 percent from prior year, including benefit of lower tax rate Sales volume growth of more than 3 percent Continued to achieve higher selling prices; partially offsetting persistent raw material and heightened logistics cost inflation Initiated new restructuring program targeting about $85 million in annual cost savings... More