PPG Industries (PPG) Reports Q4 Earnings: What Key Metrics Have to Say

Financial Performance - Revenue for the quarter ended December 2024 was $3.73 billion, a 14.3% decrease compared to the same period last year [1] - EPS for the quarter was $1.61, up from $1.53 in the year-ago quarter [1] - The revenue missed the Zacks Consensus Estimate of $4.01 billion by -6.90% [1] - EPS missed the consensus estimate of $1.65 by -2.42% [1] Key Metrics Analysis - Net Sales for Industrial Coatings were $1.59 billion, matching the average estimate but representing an 8.6% year-over-year decline [4] - Net Sales for Performance Coatings were $1.26 billion, significantly below the $2.42 billion estimate and showing a 51.7% year-over-year decrease [4] - Segment Income for Industrial Coatings was $185 million, slightly below the $193.54 million estimate [4] - Segment Income for Performance Coatings was $259 million, well below the $390 million estimate [4] Stock Performance - PPG Industries' shares returned +2.5% over the past month, outperforming the Zacks S&P 500 composite's +1.2% change [3] - The stock currently has a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]