PPG Industries (PPG) Tops Q3 EPS by 8c; Guides FY EPS Below Street

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Go back to PPG Industries (PPG) Tops Q3 EPS by 8c; Guides FY EPS Below Street

PPG Reports Third Quarter 2021 Financial Results

October 20, 2021 4:15 PM EDT

Record third quarter net sales of nearly $4.4 billion, about 19% higher than prior year Organic sales growth led by higher selling prices of nearly 6% Reported earnings per diluted share (EPS) of $1.43 and adjusted EPS of $1.69 Increased supply disruptions negatively impacted sales and manufacturing costs Raw material cost inflation of about 25% year-over-year Plan to execute share repurchases in the fourth quarter; continue to evaluate potential bolt-on acquisitions

PITTSBURGH--(BUSINESS WIRE)-- PPG (NYSE: PPG) today reported financial results for the third quarter 2021.

Third Quarter Consolidated... More