financetom
Business
financetom
/
Business
/
PPG Industries Q1 Adjusted Earnings, Net Sales Decline; Reaffirms 2025 Outlook
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
PPG Industries Q1 Adjusted Earnings, Net Sales Decline; Reaffirms 2025 Outlook
May 25, 2025 9:13 PM

04:25 PM EDT, 04/29/2025 (MT Newswires) -- PPG Industries ( PPG ) reported Q1 adjusted earnings late Tuesday of $1.72 per diluted share, down from $1.87 a year earlier.

Analysts polled by FactSet expected $1.62.

Net sales for the quarter ended March 31 were $3.68 billion, down from $3.85 billion a year earlier.

Analysts surveyed by FactSet expected $3.66 billion.

For 2025, the company reaffirmed adjusted EPS guidance of $7.75 to $8.05. Analysts polled by FactSet expect $7.74.

Shares of PPG Industries ( PPG ) were up over 3% in after-hours trading.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Sector Update: Consumer
Sector Update: Consumer
Aug 5, 2024
08:48 AM EDT, 08/05/2024 (MT Newswires) -- Consumer stocks were declining pre-bell Monday, with the Consumer Staples Select Sector SPDR Fund (XLP) was down 0.9% and the Consumer Discretionary Select Sector SPDR Fund (XLY) was 5.6% lower recently. Mars is considering buying snacks maker Kellanova ( K ) , multiple news outlets reported, citing sources familiar with the matter. A...
Core Scientific Reports Lower Bitcoin Sales, Production in July
Core Scientific Reports Lower Bitcoin Sales, Production in July
Aug 5, 2024
08:45 AM EDT, 08/05/2024 (MT Newswires) -- Core Scientific ( CORZ ) said Monday it sold 401 bitcoins in July for proceeds of about $25.2 million, down from 479 bitcoins sold for about $31.6 million in June. The company said it earned 411 bitcoins from its owned fleet of miners in July, down from 430 in the previous month. Shares...
Elon Musk revives lawsuit against Sam Altman and OpenAI, filing shows
Elon Musk revives lawsuit against Sam Altman and OpenAI, filing shows
Aug 5, 2024
Aug 5 (Reuters) - Elon Musk has revived a lawsuit against ChatGPT maker OpenAI and its CEO Sam Altman on Monday, saying that the firm put profits and commercial interests ahead of the public good. The new lawsuit is the latest attempt by Musk to oppose the company he co-founded in 2015. He alleges that once OpenAI's technology started to...
Vontier Signs Accelerated Share Repurchase Deal With Goldman Sachs
Vontier Signs Accelerated Share Repurchase Deal With Goldman Sachs
Aug 5, 2024
08:54 AM EDT, 08/05/2024 (MT Newswires) -- Vontier ( VNT ) said Monday it will buy back $100 million of its common stock under an accelerated share repurchase agreement entered into with Goldman Sachs ( GS ) . Vontier ( VNT ) said the buyback transactions will be part of its existing $500 million share repurchase authorization that had about...
Copyright 2023-2026 - www.financetom.com All Rights Reserved