Insiders Buying PPG Industries And 2 Other Stocks
Although U.S. stocks closed higher on Thursday, there were a few notable insider trades. When insiders purchase shares,…
PPG Industries Investors Are Concerned Margin Cycle Turning Lower, Says Analyst
KeyBanc analyst Aleksey Yefremov maintains an optimistic outlook on PPG Industries, despite adjusting the price target to $162 post-first-quarter FY24 results. While Q1 earnings met estimates, sales fell short, yet the analyst foresees a promising trajectory ahead.
PPG Industries Reports Mixed Q1 Results
PPG reported quarterly adjusted earnings of $1.86 per share, inline with the analyst estimate. Quarterly sales came in at $4.31 billion which missed the analyst consensus estimate of $4.43 billion by 2.69% and represents a 1.58% decrease over sales of $4.38 billion from the same period last year.
Earnings Scheduled For April 18, 2024
Companies Reporting Before The Bell
• Addex Therapeutics (NASDAQ:ADXN) is estimated to report earnings for its fourth quarter.
7 Analysts Have This To Say About PPG Indus
7 analysts have shared their evaluations of PPG Indus (NYSE:PPG) during the recent three months, expressing a mix…
How Is The Market Feeling About PPG Indus?
PPG Indus’s (NYSE:PPG) short percent of float has risen 11.54% since its last report. The company recently reported…
Expert Ratings For PPG Indus
4 analysts have shared their evaluations of PPG Indus (NYSE:PPG) during the recent three months, expressing a mix…
Wall Street Set To Build On Tech-Driven Rally, S&P 500 Eyes All-Time High: Analyst Points To ‘Contrarian Signal’ For Buying Stocks
Additionally, the day's trading direction may be influenced by a few Federal Reserve official speeches, a consumer sentiment reading, and regional bank earnings.
SLB, Travelers Companies And 3 Stocks To Watch Heading Into Friday
With U.S. stock futures trading mixed this morning on Friday, some of the stocks that may grab investor focus today are as follows:
PPG Industries Stock Slips: Top and Bottomline Wins Cannot Offset Weak Q1 Guidance
PPG Industries, Inc. (NYSE: PPG) shares are trading lower in Thursday's after-hours session following the release of the company's fourth-quarter earnings results.