The earnings call reflects a robust performance in key segments such as Aerospace and Protective & Marine Coatings, contributing to positive organic sales growth. However, challenges in the Architectural Coatings segment and softening demand in Europe and Asia present headwinds. Despite these challenges, the company's strong shareholder returns and positive outlook for earnings growth in the second half position the sentiment as broadly positive.

Company Guidance -

Q3 2025

During the second quarter 2025 earnings call, PPG provided several key metrics and guidance details. The company reported net sales of $4.2 billion, with organic sales increasing by 2%, primarily driven by Aerospace Coatings, Protective & Marine Coatings, and Packaging Coatings. Sales volumes in the Industrial Coatings segment outpaced the industry, and PPG anticipates further benefits from share gains in the second half of 2025. Regionally, organic growth was seen in the United States and Latin America, while demand in Europe and Asia was described as tepid. PPG achieved a quarterly segment EBITDA margin of 20.3%, with adjusted earnings per diluted share at $2.22. The company repurchased $150 million of stock during the quarter and increased its quarterly dividend per share by 4%. Looking ahead, PPG reiterated its full-year EPS guidance range of $7.75 to $8.05 and expects high single-digit percentage year-over-year earnings growth in the second half of the year. The company remains focused on leveraging its strong balance sheet for shareholder value creation and expects continued growth and margin expansion driven by share gains and improved manufacturing performance.

Positive Organic Sales Growth

PPG delivered net sales of $4.2 billion with an increase in organic sales of 2%, led by Aerospace Coatings, Protective & Marine Coatings, and Packaging Coatings businesses.

Strong Performance in Performance Coatings

The Performance Coatings segment delivered record net sales and earnings with a 6% increase in organic sales, driven by higher selling prices and sales volumes.

Positive Momentum in Aerospace and Protective & Marine Coatings

Aerospace delivered high single-digit percentage organic sales growth with record quarterly sales and earnings. Protective & Marine Coatings delivered double-digit percentage organic sales growth, marking the ninth consecutive quarter with positive year-over-year sales volume growth.

Shareholder Returns

PPG repurchased approximately $150 million of stock during the quarter and raised its quarterly dividend per share by 4%.

Outlook for Continued Growth

PPG expects to drive high single-digit percentage year-over-year earnings growth for the company in the second half of the year, resulting in a mid-single-digit percentage increase in EPS for the third quarter and a low double-digit percentage increase for the fourth quarter.

PPG Industries (PPG) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

PPG Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 15, 2025	2025 (Q3)	2.13 / -	2.13	―	―	―
Jul 29, 2025	2025 (Q2)	2.23 / 2.22	2.5	-11.20% (-0.28)
Apr 29, 2025	2025 (Q1)	1.62 / 1.72	1.86	-7.53% (-0.14)
Jan 30, 2025	2024 (Q4)	1.64 / 1.61	1.53	5.23% (+0.08)
Oct 16, 2024	2024 (Q3)	2.15 / 2.13	2.07	2.90% (+0.06)
Jul 18, 2024	2024 (Q2)	2.49 / 2.50	2.25	11.11% (+0.25)
Apr 18, 2024	2024 (Q1)	1.86 / 1.86	1.82	2.20% (+0.04)
Jan 18, 2024	2023 (Q4)	1.49 / 1.53	1.22	25.41% (+0.31)
Oct 18, 2023	2023 (Q3)	1.94 / 2.07	1.66	24.70% (+0.41)
Jul 20, 2023	2023 (Q2)	2.14 / 2.25	1.81	24.31% (+0.44)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

PPG Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 29, 2025	$112.23	$106.25	-5.33%
Apr 29, 2025	$103.16	$108.18	+4.87%
Jan 30, 2025	$121.28	$114.00	-6.00%
Oct 16, 2024	$128.11	$129.09	+0.76%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does PPG Industries (PPG) report earnings?

PPG Industries (PPG) is schdueled to report earning on Oct 15, 2025, Before Open (Confirmed).

What is PPG Industries (PPG) earnings time?

PPG Industries (PPG) earnings time is at Oct 15, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is PPG EPS forecast?

PPG EPS forecast for the fiscal quarter 2025 (Q3) is 2.13.

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