PPG Industries Beats Earnings and Revenue Estimates in Q3

PPG Industries, Inc. PPG reported a third-quarter 2025 profit of $444 million or $1.96 per share compared with $444 million or $1.90 per share a year ago.In the third quarter, excluding one-time items, adjusted earnings per share were $2.13, up from $2.03 in the year-ago quarter, surpassing the Zacks Consensus Estimate of $2.09.The company’s revenues were $4,082 million in the quarter, up 1.2% year over year. The top line beat the Zacks Consensus Estimate of $4,036.1 million.PPG’s Segment ReviewIn the third quarter, the Global Architectural Coatings segment saw a 1% year-over-year rise in sales to $1,012 million. It topped our estimate of $906.4 million. The upside is driven by higher selling prices and a benefit from foreign currency translation. This was partly offset by the divestiture of the architectural coatings business in Russia and reduced sales volumes.The Performance Coatings segment saw a 3% year-over-year rise in sales to $1,414 million. It missed our estimate of $1,430 million. Net sales in the Performance Coatings segment rose primarily due to higher selling prices and favorable foreign currency translation, partly offset by lower sales volumes. Organic sales grew 2% year over year, driven by strength in aerospace coatings, protective and marine coatings and traffic solutions.For the Industrial Coatings segment, sales remained flat at $1,656 million from the year-ago quarter. It missed our estimate of $1,662.4 million. The segment's net sales were adversely impacted by the divestiture of the silicas products business in late 2024. Higher volumes were offset by lower pricing.PPG’s FinancialsThe company had $1,832 million in cash and cash equivalents as of the end of the quarter. Net debt was $5.4 billion, up $228 million from the prior-year quarter.PPG’s OutlookPPG expects adjusted earnings per share of $7.60 to $7.70 for full-year 2025, highlighting ongoing share gains, benefits from cost and productivity initiatives, and an updated outlook on global economic conditions and foreign exchange rates. The guidance also factors in shifts in regional and business mix, with stronger performance anticipated in aerospace and protective coatings, partially offset by softer demand in refinish and industrial coatings.PPG’s Price PerformanceShares of PPG have lost 16.8% over the past year compared with an 8.7% decline in its industry.Image Source: Zacks Investment ResearchPPG’s Zacks Rank & Key PicksPPG currently carries a Zacks Rank #4 (Sell).Better-ranked stocks worth a look in the basic materials space include Royal Gold, Inc. RGLD, Avino Silver & Gold Mines Ltd. ASM and Endeavour Silver Corporation EXK.Royal Gold is slated to report third-quarter results on Nov. 5. The Zacks Consensus Estimate for earnings is pegged at $2.3. RGLD beat the Zacks Consensus Estimate in each of the last four quarters, with the average earnings surprise being 9%. RGLD carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.Avino Silver is scheduled to report third-quarter results on Nov. 6. The Zacks Consensus Estimate for ASM’s third-quarter earnings is pegged at 3 cents. ASM beat the Zacks Consensus Estimate in each of the last four quarters, with the average earnings surprise being 141.67%. ASM currently carries a Zacks Rank #2 (Buy).Endeavour Silver is slated to report third-quarter results on Nov. 7. The consensus estimate for Endeavour’s earnings is pegged at 5 cents. EXK, carrying a Zacks Rank #2, beat the consensus estimate in one of the last four quarters and missed thrice, with the average negative earnings surprise being 66.67%.#1 Semiconductor Stock to Buy (Not NVDA)The incredible demand for data is fueling the market's next digital gold rush. As data centers continue to be built and constantly upgraded, the companies that provide the hardware for these behemoths will become the NVIDIAs of tomorrow.One under-the-radar chipmaker is uniquely positioned to take advantage of the next growth stage of this market. It specializes in semiconductor products that titans like NVIDIA don't build. It's just beginning to enter the spotlight, which is exactly where you want to be.See This Stock Now for Free >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report PPG Industries, Inc. (PPG): Free Stock Analysis Report Royal Gold, Inc. (RGLD): Free Stock Analysis Report Endeavour Silver Corporation (EXK): Free Stock Analysis Report Avino Silver (ASM): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks