PPG Industries, Inc. (NYSE: PPG), a leading manufacturer of paints, coatings, and specialty materials, on Thursday, reported financial results for the second quarter of 2023.
- Second-quarter net sales increased to a record high of $4.9 billion from $4.69 billion in the year-ago quarter
- Organic sales growth was 4% year over year, which mainly reflects higher selling prices
- Unadjusted earnings per share rose to $2.06 during the three-month period from $1.86 last year
- Adjusted earnings advanced to an all-time high of $2.25 per share in Q2 from $1.81 per share a year earlier
- Year-to-date operating cash flow was an impressive $620 million, which is up $750 million YOY
- The company raised its full-year adjusted earnings guidance to the range of $7.28 per share to $7.48 per share
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
Alibaba Group (BABA) Q2 2025 Earnings: Key financials and quarterly highlights
Alibaba Group Holding Limited (NYSE: BABA) reported its second quarter 2025 earnings results today. Revenue was $33.7 billion, up 5% year-over-year. Net income attributable to ordinary shareholders grew 58% to
AMAT Earnings: Applied Materials Q4 revenue and profit increase YoY
Applied Materials, Inc. (NASDAQ: AMAT) announced financial results for the fourth quarter of 2024, reporting an increase in revenue and adjusted earnings. Adjusted earnings of the semiconductor technology company increased
What to expect when Target (TGT) reports its Q3 2024 earnings results
Shares of Target Corporation (NYSE: TGT) stayed green on Thursday. The stock has gained 9% over the past three months. The retailer is scheduled to report its earnings results for
