PPG Industries (PPG) Earnings Date & Reports

Key Takeaways

• PPG Industries is scheduled to report third-quarter 2026 results on Tuesday, October 27, 2026, after the market close.
• Wall Street consensus calls for adjusted earnings per share (EPS) of $2.13, roughly flat versus the year-ago quarter.
• Analysts expect revenue of about $4.28 billion, up roughly 4.7% from $4.08 billion a year earlier.
• Management has guided third-quarter organic sales growth to a low-single-digit to mid-single-digit range.
• Investors are watching whether pricing actions can offset persistently elevated raw-material and cost inflation.

Earnings Context and Why It Matters

PPG Industries is one of the world's largest coatings and specialty-materials companies, and its quarterly results are closely read as a barometer of global industrial, automotive, and construction demand. The upcoming report arrives after a mixed second quarter, in which revenue of $4.5 billion topped estimates while adjusted EPS of $2.23 fell slightly short of consensus. With raw-material, energy, and logistics costs still running hot, this earnings print will test whether the company's pricing power and share gains can protect profitability. For investors, the update also provides a progress check on management's full-year 2026 adjusted EPS guidance of $7.70 to $8.10.

Earnings Expectations

Consensus estimates for the quarter ended September 30, 2026 point to adjusted EPS of $2.13, essentially unchanged from the $2.13 reported in the prior-year period, on revenue of roughly $4.28 billion. That revenue figure would mark a year-over-year increase of about 4.7%.

Management's own third-quarter outlook calls for organic sales growth in a low-single-digit to mid-single-digit range, with company adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) margin expected to be flat to down about 100 basis points year over year. The company has also reaffirmed its full-year 2026 adjusted EPS guidance of $7.70 to $8.10, a range that implies meaningful second-half earnings growth.

Key metrics to watch include segment-level performance in Performance Coatings, Global Architectural Coatings, and Industrial Coatings, along with commentary on aerospace order backlogs and the pace of recovery in automotive refinish demand.

AI Screener

Tickeron's AI Screener is an AI-powered stock and exchange-traded fund (ETF) discovery tool that helps traders and investors filter the market based on technical patterns, fundamentals, trends, volatility, and AI-driven signals. Users can scan thousands of stocks and ETFs using customizable filters such as industry, market capitalization, technical indicators, price patterns, and performance metrics. The screener is designed to help identify trade ideas, trending stocks, breakout candidates, and emerging market opportunities more efficiently than manual screening. For investors monitoring the coatings and specialty-materials sector around earnings season, the AI Screener can be a practical way to surface actionable candidates.

Market Reaction and Investor Sentiment

Sentiment heading into this report is cautious. PPG shares have declined by more than 10% since the company's last earnings release in late July 2026, reflecting investor concerns about margin pressure and softer-than-expected automotive refinish volumes. Historical reaction patterns also add to the caution: the stock has tended to drift lower following recent earnings announcements.

Key risk factors include the pace of raw-material and cost inflation, which management has described as running at a mid-single-digit to high-single-digit rate, and the timing of index-based pricing adjustments that can delay cost recovery in the Industrial Coatings segment. A stronger-than-expected margin result or clearer evidence of refinish stabilization could shift sentiment, while any setback on pricing could pressure the shares further.

Forward Outlook and Key Factors to Monitor

Beyond the headline numbers, investors will focus on management's guidance and commentary for the fourth quarter and the remainder of 2026. The company has stated that pricing covered roughly 90% of second-quarter cost of goods sold (COGS) inflation and has targeted full cost recovery by the fourth quarter. Whether that timeline holds will be a central theme of the call.

Segment dynamics also matter. Aerospace coatings have been a standout performer, with an order backlog near $300 million and strong double-digit organic growth, while packaging coatings continue to gain share with double-digit volume increases. By contrast, automotive refinish coatings have been a drag, posting double-digit volume declines tied to difficult prior-year comparisons. Management expects refinish volumes to stabilize and return to growth in the second half of 2026, making any update on that trajectory closely watched.

Finally, keep an eye on cost actions. PPG is executing European manufacturing consolidation and other structural cost reductions, with additional restructuring savings expected through 2026. Together with pricing and share gains, these efforts underpin the company's full-year guidance and will shape how investors evaluate the stock's path through year-end.

Disclaimer

The information on this webpage is provided for general informational and educational purposes only and is not intended as investment advice, a recommendation to purchase or sell any security, or an offer or solicitation related to investments. It does not consider your personal financial situation, goals, or risk profile, and all investing carries inherent risks, including the possibility of losing your entire investment. For more details, please review our full disclaimer.

Disclaimers and Limitations