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
Will Nvidia (NVDA) continue recent winning streak in Q3 FY26?
Semiconductor giant Nvidia Corporation (NASDAQ: NVDA) is preparing to report third-quarter earnings, with investors watching closely for signs of sustained momentum in its data center business. It is estimated that
Lowe’s (LOW) Earnings Preview: Revenue and earnings anticipated to grow in Q3 2025
Shares of Lowe's Companies, Inc. (NYSE: LOW) were up 1% on Tuesday. The stock has dropped 3% in the past three months. The home improvement company is scheduled to report
Key metrics from Beyond Meat’s (BYND) Q3 2025 earnings results
Beyond Meat, Inc. (NASDAQ: BYND) reported its third quarter 2025 earnings results. Net revenues were $70.2 million, down 13.3% year-over-year. Net loss was $110.7 million, or $1.44 per share, compared
