PPG Industries (PPG) Tops Q1 EPS by 40c, Guidance Tops Views

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Go back to PPG Industries (PPG) Tops Q1 EPS by 40c, Guidance Tops Views

PPG reports first quarter financial results

April 20, 2023 4:10 PM EDT

Record net sales of about $4.4 billion Organic sales growth of more than 5% versus prior year, led by higher selling prices Reported earnings per diluted share (EPS) of $1.11 and adjusted EPS of $1.82 Accelerating margin recovery; operating margins up 380 basis points year over year Supply disruptions moderating and manufacturing operations improving Operating cash flow improvement of about $400 million year over year

PITTSBURGH--(BUSINESS WIRE)-- PPG (NYSE: PPG) today reported financial results for the first quarter 2023.

First Quarter Consolidated Results

$ in millions, except... More