“PPG Industries (PPG) Is A Quandry,” Says Jim Cramer

Core Insights - PPG Industries, Inc. reported third-quarter earnings with revenue of $4.08 billion and EPS of $2.13, surpassing analyst expectations, but full-year EPS guidance was below estimates [1] - Jim Cramer expressed confusion over PPG's performance, noting that while peers like Dow and Sherwin-Williams reported strong numbers, PPG has struggled to deliver consistent results [2] Financial Performance - PPG Industries achieved a revenue of $4.08 billion in the third quarter [1] - The EPS for the quarter was reported at $2.13, which exceeded analyst estimates [1] - However, the company's full-year EPS guidance did not meet market expectations [1] Market Context - Cramer highlighted that while PPG is facing challenges, other companies in the chemicals sector, such as Dow and Sherwin-Williams, are performing well, indicating a potential disconnect in PPG's performance [2] - The aerospace sector is noted to be strong, with positive order trends, which raises questions about PPG's struggles despite favorable market conditions [2]