Get ready to mark your calendars because the much anticipated third quarter financial results of PPG Industries (NYSE: PPG) are set to be unveiled on Wednesday 16th October 2024. Investors and market watchers will have the chance to dive into the company's financial performance as the announcement is scheduled after market close.
As per the predictions of financial analysts on Wall Street, the concern is set to report an estimated per share $2.15 profit for the third quarter. Additionally, the company is projected to unveil a revenue of $4.65 billion for the period.
Financial experts on Wall Street have shared their predictions regarding the company's annual performance, estimating a total revenue of $18.18 billion. Additionally, they are expecting the company to report profit of $8.22 per share for the full year 2024.
The company's earnings report from the corresponding quarter of the previous year demonstrated a per-share income of $2.07. Additionally, the company achieved a total revenue of $4.64 billion during that specific period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $2.50 | +11.1% | 4.79 B | -1.6% |
| Q1 2024 | $1.86 | +2.2% | 4.31 B | -1.6% |
| Q4 2023 | $1.53 | +25.4% | 4.35 B | +3.9% |
| Q3 2023 | $2.07 | +24.7% | 4.64 B | +3.9% |
| Q2 2023 | $2.25 | +24.3% | 4.87 B | +3.9% |
| *Growth on year-over-year basis | ||||
The business has scheduled a conference call on 17th October 2024 at 08:00 AM eastern time to discuss Q3 financial results.
Throughout Monday's trading, PPG Industries (PPG) shares fluctuated between $127.91 and $129.09, with a trading volume of 1.63 million shares. The stock ended the regular trading session at $128.50, indicating a rise of 0.19 percent.