PPG Reports First Quarter 2020 Financial Results
PPG Industries, Inc. (PPG)
Last ppg industries, inc. earnings: 4/27 04:20 pm
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Source: Business Wire
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 of approximately $1.9 billion at quarter-end; supplemented by an additional $700 million from recent April short-term borrowingCompleted bolt-on acquisitions of ICR and Alpha Coating Technologies PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today reported first quarter 2020 net sales of about $3.4 billion, down approximately 7% versus the prior year. Selling prices increased more than 1%. Sales volumes were down 8% versus the prior year, in aggregate, including an estimated impact of the COVID-19 pandemic of $225 million, or abo
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PPG
News
- PPG Industries, Inc. (NYSE: PPG) was downgraded by analysts at StockNews.com from a "strong-buy" rating to a "buy" rating.MarketBeat
- PPG Industries, Inc. (NYSE: PPG) was downgraded by analysts at KeyCorp from a "strong-buy" rating to a "hold" rating.MarketBeat
- PPG Industries, Inc. (NYSE: PPG) had its price target lowered by analysts at Deutsche Bank Aktiengesellschaft from $150.00 to $145.00. They now have a "buy" rating on the stock.MarketBeat
- PPG Industries, Inc. (NYSE: PPG) had its price target lowered by analysts at Citigroup Inc. from $150.00 to $145.00. They now have a "buy" rating on the stock.MarketBeat
- Decorative Paints Market Set to Transform Aesthetic Trends: Key Insights and Projections from 2023 to 2033 | Future Market Insights, Inc. [Yahoo! Finance]Yahoo! Finance
PPG
Earnings
- 10/16/24 - Miss
PPG
Sec Filings
- 12/16/24 - Form 4
- 12/16/24 - Form 4
- 12/16/24 - Form 4
- PPG's page on the SEC website