Workflow
PPG Industries (PPG) Q4 Earnings and Revenues Lag Estimates
PPGPPG Industries(PPG) ZACKS·2025-01-31 01:35

Core Viewpoint - PPG Industries reported quarterly earnings of 1.61pershare,missingtheZacksConsensusEstimateof1.61 per share, missing the Zacks Consensus Estimate of 1.65 per share, representing an earnings surprise of -2.42% [1][2] Financial Performance - The company posted revenues of 3.73billionforthequarterendedDecember2024,missingtheZacksConsensusEstimateby6.903.73 billion for the quarter ended December 2024, missing the Zacks Consensus Estimate by 6.90%, and down from 4.35 billion year-over-year [2] - Over the last four quarters, PPG Industries has surpassed consensus EPS estimates only once [2] Stock Performance - PPG Industries shares have increased by approximately 2.5% since the beginning of the year, compared to the S&P 500's gain of 2.7% [3] Future Outlook - The current consensus EPS estimate for the upcoming quarter is 1.87onrevenuesof1.87 on revenues of 3.74 billion, and for the current fiscal year, it is 8.58onrevenuesof8.58 on revenues of 15.68 billion [7] - The estimate revisions trend for PPG Industries is currently unfavorable, resulting in a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [6] Industry Context - The Chemical - Specialty industry, to which PPG Industries belongs, is currently in the bottom 14% of over 250 Zacks industries, suggesting a challenging environment for stock performance [8]