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PPG Industries (PPG) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

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PPG Industries (PPG - Free Report) reported $4.5 billion in revenue for the quarter ended June 2026, representing a year-over-year increase of 7.2%. EPS of $2.23 for the same period compares to $2.22 a year ago.

The reported revenue represents a surprise of +3.06% over the Zacks Consensus Estimate of $4.36 billion. With the consensus EPS estimate being $2.26, the EPS surprise was -1.33%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how PPG Industries performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Net Sales- Performance Coatings: $1.62 billion versus the four-analyst average estimate of $1.59 billion. The reported number represents a year-over-year change of +7.1%.
  • Net Sales- Global Architectural Coatings: $1.1 billion versus the four-analyst average estimate of $1.08 billion. The reported number represents a year-over-year change of +7.9%.
  • Net Sales- Industrial Coatings: $1.78 billion compared to the $1.71 billion average estimate based on four analysts. The reported number represents a change of +6.8% year over year.
  • Segment Income- Performance Coatings: $329 million versus $343.33 million estimated by four analysts on average.
  • Segment Income- Global Architectural Coatings: $185 million compared to the $188.89 million average estimate based on four analysts.
  • Segment Income- Industrial Coatings: $229 million versus $216.53 million estimated by four analysts on average.

View all Key Company Metrics for PPG Industries here>>>

Shares of PPG Industries have returned -2% over the past month versus the Zacks S&P 500 composite's +1.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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