UPDATE: PPG Industries (PPG) Tops Q3 EPS by 6c, Offers FY Guidance
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PPG Reports Third Quarter 2019 Financial Results
October 17, 2019 6:52 AM EDTNet sales of approximately $3.8 billion, consistent with the prior year and up approximately 2% in constant currencies Record third quarter reported earnings per diluted share from continuing operations of $1.54 and adjusted earnings per diluted share from continuing operations of $1.67 Reported earnings per diluted share growth of 2% year-over-year and adjusted earnings per diluted share growth of 15% year-over-year Completed the acquisition of specialty materials manufacturer Dexmet Strong improvement in operating cash flow versus 2018 of about $600 million year-to-date; continued strong financial flexibility with approximately $1.5 billion of cash and short-term investments at quarter-end
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