PPG Industries (PPG) Tops Q3 EPS by 1c, Revenues Beat

Go back to PPG Industries (PPG) Tops Q3 EPS by 1c, Revenues Beat

PPG Reports Record Third Quarter 2020 Financial Results

October 19, 2020 4:15 PM EDT

Net sales of about $3.7 billion, 4% lower than the prior year Net sales continued to be impacted by the economic effects of the COVID-19 pandemic Record reported earnings per diluted share from continuing operations (EPS) of $1.86 and adjusted EPS of $1.93 Strong aggregate segment operating margins compared to the third quarter 2019, supported by sales volume recovery and ongoing cost management actions Quarterly operating cash flow generation of more than $800 million; higher than third quarter 2019

PITTSBURGH--(BUSINESS WIRE)-- PPG (NYSE: PPG) today reported third quarter 2020 net sales of... More