PPG I
PPG Industries (PPG) got here out with quarterly earnings of $1.31 per share, lacking the Zacks Consensus Estimate of $1.35 per share. This compares to earnings of $1.15 per share a 12 months in the past. These figures are adjusted for non-recurring objects.
This quarterly report represents an earnings shock of -2.96%. 1 / 4 in the past, it was anticipated that this paint and coatings maker would publish earnings of $1.61 per share when it truly produced earnings of $1.67, delivering a shock of three.73%.
During the last 4 quarters, the corporate has surpassed consensus EPS estimates 3 times.
PPG Industries, which belongs to the Zacks Chemical – Diversified business, posted revenues of $3.67 billion for the quarter ended December 2019, surpassing the Zacks Consensus Estimate by 0.27%. This compares to year-ago revenues of $3.65 billion. The corporate has topped consensus income estimates simply as soon as over the past 4 quarters.
The sustainability of…