NYSE$PPG

PPG Industries Inc · Q3 2024 earnings

Q3 2024 earnings · · Investor relations

Briefing

PPG Q3 2024 — $4.60B revenue, 2.01 EPS

PPG as of September 30, 2024, the results of its operations for the three and nine months ended September 30, 2024 and 2023 and cash flows fo. PPG Industries Inc reported Q3 2024 results. Diluted EPS came in at $2.01. Net income of $2.0M. Headline numbers extracted from the Form 10-Q press release; narrative is light because this row was processed without an LLM call.

  • Revenue: $4.60B.
  • Diluted EPS: $2.01.
  • Net income: $2.0M.

Headline financials

Total Revenue

$4.58B

Previous: $4.64B-1.5%
EPS

$2.00

Previous: $2.07-3.4%
Capital Expenditures

-$523M

Previous: -$381M-37.3%
Free Cash Flow

-$55M

Previous: $45M-222.2%
Net Income

$468M

Previous: $426M+9.9%
Operating Income

$712M

Previous: $698M+2.0%
Gross Profit

$1.91B

Previous: $1.89B+1.1%
Cash & Equivalents

$1.25B

Previous: $1.22B+2.7%
Total Assets

$21.9B

Previous: $21.5B+1.7%
R&D Expense

$105M

Previous: $108M-2.8%
Stock-Based Comp

$10M

Previous: $8M+25.0%

Revenue & EPS history

PPG · Revenue · Quarterly

$4.58B

Q3 2024-1.5%vs Q3 2023
Beat estimate in 8 of 15 quarters(53%)
ActualEstimate

Revenue by segment

PPG · $4.13B total across 3 segments · Q3 2023

  • Industrial Coatings
    $1.77B
  • Performance Coatings
    $1.32B
  • Architectural Coatings
    $1.04B

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2024

Historical avgQ3 2024

+0.1%

Avg return

Earnings day

-0.6%

Avg return

5 days after

+0.1%

Avg return

30 days after

46%

33 / 72 earnings

Positive

+11.0%

Q1 2021

Best reaction

-6.9%

Q2 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-1.4%+3.0%-4.7%
Q4 2025+2.1%+5.6%+11.8%
Q3 2025-5.9%-9.8%-5.0%
Q1 2025+4.9%+6.2%+6.7%
Q4 2024-6.0%-8.3%-7.8%
Q3 2024+1.1%-0.8%-5.7%
Q2 2024-4.3%-5.3%-8.5%
Q1 2024-3.0%-3.4%-0.4%
Q4 2023-1.2%-0.4%-0.8%
Q3 2023-5.4%-5.9%+3.4%
Q2 2023-0.6%-2.2%-7.1%
Q1 2023+1.0%-0.1%+1.3%
Q4 2022+2.5%+2.5%+1.7%
Q3 2022-3.2%-3.5%-0.2%
Q2 2022+6.4%+5.1%+9.9%
Q1 2022+0.9%-4.4%-9.1%
Q4 2021-4.2%-4.7%-7.4%
Q3 2021+3.8%+0.7%+1.2%
Q2 2021-6.9%-4.3%-3.3%
Q1 2021+11.0%+12.0%+18.7%
Q4 2020-4.7%-2.4%-5.5%
Q3 2020-1.8%-2.1%+4.1%
Q2 2020-3.2%-4.7%+2.9%
Q1 2020-1.3%-5.1%+10.4%
Q4 2019-1.7%-3.7%-8.1%
Q3 2019+4.4%+5.3%+8.9%
Q2 2019+0.8%+2.0%-5.1%
Q1 2019-0.1%+0.2%-4.8%
Q4 2018+2.8%+1.8%+6.4%
Q3 2018+3.3%+2.6%+9.2%
Q2 2018-1.6%-0.7%+1.6%
Q1 2018-3.8%-6.6%-7.3%
Q4 2017+3.4%+2.4%+1.4%
Q3 2017+4.3%+4.0%+0.8%
Q2 2017-6.4%-5.7%-10.1%
Q1 2017+0.9%+5.5%+1.6%
Q4 2016+2.4%+5.3%+5.9%
Q3 2016-0.2%-1.4%+2.8%
Q2 2016-2.2%-3.0%-4.8%
Q1 2016-2.5%
Q4 2015-0.4%
Q3 2015+3.5%
Q2 2015-4.4%
Q1 2015-0.3%
Q4 2014+1.5%
Q4 2008-1.2%
Q3 2014+3.7%
Q4 2011-0.0%
Q2 2014+1.8%
Q1 2014+2.6%
Q4 2013-0.6%
Q3 2013+5.8%
Q2 2013+1.5%
Q1 2013+6.9%
Q4 2012-1.4%
Q3 2012-1.0%
Q2 2012+9.3%
Q1 2012+2.8%
Q4 2010+2.4%
Q3 2011-5.3%
Q2 2011-2.9%
Q1 2011-0.9%
Q4 2009+1.6%
Q3 2010+1.2%
Q2 2010+1.7%
Q1 2009-3.3%
Q1 2010+0.7%
Q4 2007+1.1%
Q3 2009-0.6%
Q3 2008-0.6%
Q2 2008+0.0%
Q2 2009+0.0%

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