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PPG Industries posts Q2 2026 revenue rise but earnings miss expectations
PPG Industries reported second‑quarter 2026 revenue of $4.5 billion, a 7 % year‑over‑year increase that beat the FactSet consensus estimate of $4.37 billion. Net income fell to $439 million from $450 million a year earlier, and adjusted earnings per share were $2.23, below the $2.25 forecast. CEO Tim Knavish said the company outperformed the sector by 300 basis points and achieved 4 % organic growth across all three segments and eight of nine businesses. The firm reaffirmed its full‑year adjusted EPS guidance of $7.70‑$8.10. After the release, PPG shares rose about 3.5 % in after‑hours trading, while rivals Axalta and Sherwin‑Williams posted share gains of 5 % and 8 % respectively. In a related filing, Sherwin‑Williams also reported a 7.5 % sales increase to $6.79 billion and an 11.8 % rise in net income.
Entities
Axalta · FactSet · Orion Group · PPG Industries · Polaris Inc. · Sherwin-Williams · Tim Knavish
Claims
What the coverage asserts, and how well corroborated each claim is across sources.
- [● 3 SOURCES] PPG reaffirmed its full‑year adjusted EPS guidance of $7.70‑$8.10. theasset.nl · hardwareretailing.com
- [● 3 SOURCES] Competitor Axalta and Sherwin‑Williams posted share price gains of 5 % and 8 % respectively after their earnings releases. theasset.nl · hardwareretailing.com
- [● 3 SOURCES] PPG's Q2 2026 revenue was $4.5 billion, up 7 % year over year. theasset.nl · hardwareretailing.com
- [● 3 SOURCES] PPG's Q2 2026 net income was $439 million, down from $450 million a year earlier. theasset.nl · hardwareretailing.com
- [● 3 SOURCES] PPG's shares rose about 3.5 % in after‑hours trading following the earnings release. theasset.nl · hardwareretailing.com
- [● 3 SOURCES] CEO Tim Knavish said PPG outperformed the sector by 300 basis points and achieved 4 % organic growth across all three segments and eight of nine businesses. theasset.nl · hardwareretailing.com
- [● 3 SOURCES] Adjusted earnings per share for PPG Q2 2026 were $2.23, below the expected $2.25. theasset.nl · hardwareretailing.com
- [● 3 SOURCES] PPG's Q2 revenue beat the FactSet consensus estimate of $4.37 billion. theasset.nl · hardwareretailing.com