PPG Industries (PPG) Misses Q4 EPS by 3c, Offers Q1 Guidance

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Go back to PPG Industries (PPG) Misses Q4 EPS by 3c, Offers Q1 Guidance

PPG Reports Fourth Quarter and Full-Year 2019 Financial Results

January 16, 2020 6:52 AM EST

Fourth quarter net sales of nearly $3.7 billion, approximately 1% higher than the prior year and up about 2% in constant currencies Record fourth quarter reported earnings per diluted share from continuing operations of $1.23 Record adjusted fourth quarter earnings per diluted share from continuing operations of $1.31, up 14% year-over-year aided by strong operating margin improvement Completed acquisition of Texstars; recently announced acquisition of ICR; fourth quarter share repurchases of $150 million Record full-year operating cash flow of nearly $2.1 billion, approximately $600 million higher than the previous year

PITTSBURGH--(BUSINESS WIRE)-- PPG (NYSE:... More