PPG Industries (PPG) Q2 Revenue Tops Consensus
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
PPG Reports Second Quarter 2020 Financial Results
July 16, 2020 4:15 PM EDTNet sales of $3.0 billion, 25% lower than the prior year and down about 22% in constant currencies Reported earnings per diluted share from continuing operations (EPS) of $0.42 and adjusted EPS of $0.99 Net sales and EPS were significantly impacted by the effects of the COVID-19 pandemic Strong aggregate segment operating margins supported by rapid implementation of cost management actions that resulted in second quarter interim cost savings of about $170 million and more than $20 million of structural cost savings Strong liquidity; cash and short-term investments of approximately $2.3 billion at quarter-end; net debt reduced by about... More
