PPG Industries (PPG) Tops Q1 Earnings and Revenue Estimates

Core Viewpoint - PPG Industries reported quarterly earnings of $1.72 per share, exceeding the Zacks Consensus Estimate of $1.62 per share, but down from $1.86 per share a year ago, indicating a 7.5% year-over-year decline in earnings [1][2] Financial Performance - The company achieved revenues of $3.68 billion for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 0.77%, but down from $4.31 billion in the same quarter last year, reflecting a year-over-year revenue decline of approximately 14.6% [2] - Over the last four quarters, PPG Industries has exceeded consensus EPS estimates two times and topped consensus revenue estimates only once [2] Stock Performance - PPG Industries shares have decreased by about 13.8% since the beginning of the year, while the S&P 500 has declined by 6% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating it is expected to perform in line with the market in the near future [6] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $2.24 on revenues of $4.18 billion, and for the current fiscal year, it is $7.79 on revenues of $15.8 billion [7] - The outlook for the Chemical - Specialty industry, to which PPG Industries belongs, is currently in the bottom 40% of Zacks industries, which may negatively impact stock performance [8]