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PPG Ahead of Earnings

Post Time:Oct 22,2010Classify:Industry NewsView:424

New York, October 20th (TradersHuddle.com) - Shares of PPG Industries, Inc. (NYSE:PPG) are trading higher by +2.18% ahead of its quarterly earnings release. PPG, the maker of protective and decorative coatings is expected to release its quarterly results on October 21st.

 

Wall Street Analysts consensus calls for a profit of $1.46 a share on $3.41 billion revenue.

 

PPG estimates have a range of $0.25 a share. The high estimate calls for profit of $1.55 a share and the low estimate is calling for a profit of $1.3 a share, a year ago for the quarter the company reported $0.97 a share.

 

PPG Industries, Inc. (NYSE:PPG) manufactures and supplies protective and decorative coatings. The company supplies products for the manufacturing, construction, automotive, chemical processing, and other industries worldwide. PPG also produces flat glass, fabricated glass products, continuous-strand fiber glass products, and industrial and specialty chemicals.

Source: http://www.tradershuddle.com/20101020103792/EarninAuthor: shangyi

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