Ppg Industries Earnings: What Investors Should Watch

Ppg Industries (NYSE:PPG) will report earnings before markets open on Thursday, July 18th. PPG Industries, Inc. supplies products for the manufacturing, construction, automotive, chemical processing, and other industries worldwide. The Company makes protective and decorative coatings, flat glass, fabricated glass products, continuous-strand fiber glass products, and industrial and specialty chemicals.

Here is your Cheat Sheet to Ppg Industries Earnings:

Earnings Expectations: Analysts expect earnings of $2.35 per share on revenues of $4.09 billion. Currently, the company’s P/E ratio stands at 7.19.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $2.31 to a profit $2.3. For the current year, the average estimate is a profit of $7.9, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how Ppg Industries has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 15,849 12,239 13,423 14,885 15,200
Diluted EPS ($) 3.25 2.03 4.63 6.87 6.06

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012 Mar. 31, 2013
Revenue ($) in millions 3,955.00 3,845.00 3,648.00 3,331.00
Diluted EPS ($) 2.34 2.18 1.46 16.31

Past Performance:
Ppg Industries has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.

“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)

More Articles About:   , , ,  

More from The Cheat Sheet