2023-10-18 16:12:26 ET
- PPG press release ( NYSE: PPG ): Q3 Non-GAAP EPS of $2.07 beats by $0.13 .
- Revenue of $4.64B (+3.8% Y/Y) in-line.
- Net sales up 4% year over year (YOY) aided by resilient business portfolio
- Quarterly earnings per diluted share ( EPS ) of $1.79 and record adjusted EPS of $2.07
- 2023 Outlook: Adjusted EPS of $7.58-$7.64 from prior gyuidance of $7.28 - $7.48 vs. consensus of $7.49.
- Q4 Guidance: Total organic sales of Up or down a low single-digit percent, Adj EPS of $1.44-$1.50 vs $1.48 consensus
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PPG Non-GAAP EPS of $2.07 beats by $0.13, revenue of $4.64B in-line