PPG Shares Dip 1.53% Amid 50.83% Jump in Trading Volume Ranking 443rd in Market Activity

Generado por agente de IAAinvest Market Brief
miércoles, 30 de julio de 2025, 3:11 am ET1 min de lectura

On July 29, 2025, PPG (PPG) fell 1.53% despite meeting second-quarter earnings expectations. The stock’s $0.25 billion trading volume surged 50.83% from the prior day, ranking it 443rd in market activity. Earnings per share (EPS) of $2.22 aligned with consensus estimates, while revenue of $4.2 billion exceeded forecasts by 1.53%. Adjusted EPS rose to $2.22, reflecting cost controls and higher pricing, though net income declined 9% year-over-year due to divestitures and lower sales volumes.

Management highlighted 2% organic sales growth driven by volume and pricing gains, particularly in Performance Coatings, which set quarterly revenue and profit records. Industrial Coatings faced challenges from divestitures and index-linked pricing pressures, while Architectural Coatings struggled with weak European demand. PPG reaffirmed full-year EPS guidance of $7.75–$8.05, citing momentum from market share gains and cost discipline. However, a Zacks Rank #3 (Hold) rating suggests the stock is expected to mirror market performance in the near term.

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