PPG Industries Inc
PPG: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| >Jj | LOCK|Bmr$ | LOCK|!vH$G>Q |
PPG Earnings: Strong Pricing Execution Stands Out Amid Persistent Raw Material Inflation
PPG reported third-quarter sales of $4.4 billion, up 7% year over year, and adjusted EPS of $2.25, both exceeding FactSet consensus estimates. Management also raised and narrowed its full-year adjusted EPS guidance to $7.90-$8.10, representing a 1.3% increase at the midpoint.
