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.