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PPG Industries Inc.

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Earnings estimates for PPG Industries for the fourth quarter have been stable over the past month. PPG Industries is taking steps for growing organically as well as cutting costs. The company also remains committed to deploy cash on acquisitions and share repurchases. However, PPG Industries has underperformed the industry it belongs to over the past six months. PPG Industries faces macroeconomic challenges. Some of its end-markets including marine still remain sluggish. It is also exposed to raw materials cost pressure, which is affecting margins. Moreover, PPG Industries faces headwinds from recent natural disasters which may continue to affect sales volume and margins in the fourth quarter.


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