PPG Industries Analysts Cut Their Forecasts Following Weak Q4 Earnings

PPG Industries, Inc. (NYSE:PPG) reported worse-than-expected fourth-quarter adjusted EPS results and issued FY25 adjusted EPS guidance below estimates, after the closing bell on Thursday.

PPG reported quarterly earnings of $1.61 per share which missed the analyst consensus estimate of $1.65 per share.

Tim Knavish, PPG chairman and chief executive officer, commented on the year and quarter said, "Throughout 2024, we demonstrated resilience in a challenging macro environment by growing our adjusted EPS by 6%, improving aggregate segment margins and generating $1.4 billion in operating cash flow which we returned to shareholders. During the quarter, we repurchased approximately $250 million of stock, and ...

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