PPG Reports First Quarter 2020 Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/22/2026
- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Needham Starts NeoVolta (NEOV) at Buy
- Spain's ex-transport minister sentenced to 24 years for corruption
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
PPG Industries (PPG) Tops Q1 EPS by 1c
April 27, 2020 4:21 PM EDTPPG Industries (NYSE: PPG) reported Q1 EPS of $1.19, $0.01 better than the analyst estimate of $1.18. Revenue for the quarter came in at $3.4 billion versus the consensus estimate of $3.4 billion.
First quarter net sales of about $3.4 billion, approximately 7% lower than the prior year and down nearly 5% in constant currenciesFirst quarter reported earnings per diluted share (EPS) of $1.02 and adjusted EPS of $1.19Net sales and EPS includes an estimated unfavorable impact from the effects of the COVID-19 pandemic of approximately $225 million and $0.35, respectivelyRapid implementation of cash and cost management actionsCash and short-term investments... More