For the quarter ended December 2024, PPG Industries (PPG) reported income of $3.73 billion, down 14.3% over the identical interval final yr. EPS got here in at $1.61, in comparison with $1.53 within the year-ago quarter.
The reported income compares to the Zacks Consensus Estimate of $4.01 billion, representing a shock of -6.90%. The corporate delivered an EPS shock of -2.42%, with the consensus EPS estimate being $1.65.
Whereas traders intently watch year-over-year adjustments in headline numbers — income and earnings — and the way they examine to Wall Road expectations to find out their subsequent plan of action, some key metrics at all times present a greater perception into an organization’s underlying efficiency.
Since these metrics play an important function in driving the top- and bottom-line numbers, evaluating them with the year-ago numbers and what analysts estimated about them helps traders higher venture a inventory’s value efficiency.
Right here is how PPG Industries carried out within the simply reported quarter by way of the metrics most generally monitored and projected by Wall Road analysts:
- Web Gross sales- Industrial Coatings: $1.59 billion in comparison with the $1.59 billion common estimate primarily based on 5 analysts. The reported quantity represents a change of -8.6% yr over yr.
- Web Gross sales- Efficiency Coatings: $1.26 billion in comparison with the $2.42 billion common estimate primarily based on 5 analysts. The reported quantity represents a change of -51.7% yr over yr.
- Phase Revenue- Industrial Coatings: $185 million versus $193.54 million estimated by 5 analysts on common.
- Phase Revenue- Efficiency Coatings: $259 million in comparison with the $390 million common estimate primarily based on 5 analysts.
View all Key Company Metrics for PPG Industries here>>>
Shares of PPG Industries have returned +2.5% over the previous month versus the Zacks S&P 500 composite’s +1.2% change. The inventory presently has a Zacks Rank #4 (Promote), indicating that it may underperform the broader market within the close to time period.
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PPG Industries, Inc. (PPG) : Free Stock Analysis Report
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