Back to top

Image: Bigstock

PPG Industries Inc.

Read MoreHide Full Article

PPG Industries swung to a loss on a reported basis in the third quarter of 2016, hurt by hefty pension settlement charges.  Adjusted earnings matched the Zacks Consensus Estimate while sales missed. The company sees a modest improvement in global demand in the fourth quarter.  PPG Industries is exposed to significant currency headwind. Moreover, the company faces macroeconomic challenges and some of its end-markets including marine still remain sluggish. PPG Industries is also exposed to volatility in raw materials and energy costs.


In-Depth Zacks Research for the Tickers Above


Normally $25 each - click below to receive one report FREE:


PPG Industries, Inc. (PPG) - free report >>

Published in