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PPG Industries: Q3 Earnings Snapshot
On a per-share basis, the Pittsburgh-based company said it had net income of $1.79. Earnings, adjusted for amortization costs and non-recurring costs, were $2.07 per share.
The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.95 per share.
The paint and coatings maker posted revenue of $4.64 billion in the period, also exceeding Street forecasts. Six analysts surveyed by Zacks expected $4.62 billion.