PPG Earnings Reports

Revenue dipped 1% primarily due to divestitures, while organic sales grew 2%. Performance Coatings delivered record quarterly results, offsetting weaker Architectural and Industrial Coatings segments. The company reaffirmed full-year guidance amid ongoing momentum.

PPG posted a year-over-year decline in revenue and earnings in Q1 2025, driven by unfavorable foreign exchange and divestitures. However, the company saw 1% organic sales growth and executed $400 million in share repurchases, with strong performance in aerospace and protective coatings.

PPG expects Q3 2022 adjusted earnings per diluted share to be between 5% and 7% below the low end of the company's forecasted range. Sales were impacted by softening demand in Europe and lower-than-expected recovery in China. Softer demand conditions are expected to continue into the fourth quarter.