
• Reported GAAP EPS of $1.71 up 4.91% YoY • Reported revenue of $3.93B up 6.68% YoY • PPG reaffirms its full-year 2026 EPS guidance range of $7.70 to $8.10. The company expects second quarter organic sales and adjusted EPS to grow in the low single-digit percentage range.
Bullish
PPG achieved 7% net sales growth and 6% adjusted EPS increase in the quarter. Strong aerospace and protective coatings performance, alongside effective pricing strategies, drove these positive results.
Bearish
PPG faced a 7% Industrial Coatings segment EBITDA decrease and margin decline due to pricing. Rising raw material costs and volume declines in automotive refinish coatings also impacted performance.