Earnings Volatility Drives These Stocks in a New Direction

PPG Industries Inc. (NYSE:PPG) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Adjusted Earnings Per Share increased 3.81% to $2.45 in the quarter versus EPS of $2.36 in the year-earlier quarter. Revenue Rose 3.54% to $4.1 billion from the year-earlier quarter.

PPG Industries Inc. reported adjusted EPS income of $2.45 per share. By that measure, the company beat the mean analyst estimate of $2.35. It beat the average revenue estimate of $4.09 billion.

PPG

Crown Holdings Inc. (NYSE:CCK) delivered a profit and beat Wall Street’s expectations, BUT came up short on beating the revenue expectation. Adjusted Earnings Per Share increased 14.29% to $0.96 in the quarter versus EPS of $0.84 in the year-earlier quarter. Revenue Rose 1.79% to $2.22 billion from the year-earlier quarter.

Crown Holdings Inc. reported adjusted EPS income of $0.96 per share. By that measure, the company beat the mean analyst estimate of $0.93. It missed the average revenue estimate of $2.28 billion.

CCK

Albemarle Corp. (NYSE:ALB) delivered a profit and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. Adjusted Earnings Per Share decreased 21.77% to $0.97 in the quarter versus EPS of $1.24 in the year-earlier quarter. Revenue Decreased 7.4% to $634.2 million from the year-earlier quarter.

Albemarle Corp. reported adjusted EPS income of $0.97 per share. By that measure, the company missed the mean analyst estimate of $0.99. It missed the average revenue estimate of $653.52 million.

ALB

Packaging Corp. of America (NYSE:PKG) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Adjusted Earnings Per Share increased 44.9% to $0.71 in the quarter versus EPS of $0.49 in the year-earlier quarter. Revenue Rose 12.31% to $800.2 million from the year-earlier quarter.

Packaging Corp. of America reported adjusted EPS income of $0.71 per share. By that measure, the company beat the mean analyst estimate of $0.63. It beat the average revenue estimate of $770.06 million.

PKG

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