How did PPG’s first-quarter adjusted earnings compare to analyst expectations, and what was the key driver?

PPG’s first-quarter adjusted earnings were $1.83 per share, up 6% year over year and ahead of the S&P Capital IQ consensus estimate of $1.77 per share. The outperformance was driven primarily by strong results in the aerospace business and architectural coatings in Latin America, as stated by CEO Tim Knavish.

What factors contributed to PPG’s 13% year-over-year sales growth in the architectural coatings segment?

The architectural coatings segment’s 13% year-over-year sales growth to $965 million was driven by higher selling prices and a benefit from foreign currency translation, partially offset by divestitures — with particularly strong growth noted in Latin America.

PPG Beats Estimates as Selling Prices Rise

Apr 29, 2026

PPG Industries reported Q1 net income of $382 million, beating estimates as selling prices rose 1%. Despite rising raw material and energy costs, the company maintained full-year adjusted earnings guidance.

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PPG Strengthens R&D with New Coatings Testing Line in France

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PPG Industries Inc. Stock Underperforms Tuesday When Compared to Competitors