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PPG Industries: 4Q Earnings Snapshot

Jan 17, 2019 - Associated Press Financial Wire

PITTSBURGH (AP) _ PPG Industries Inc. (PPG) on Thursday reported fourth-quarter net income of $258 million.

The Pittsburgh-based company said it had profit of $1.08 per share. Earnings, adjusted for one-time gains and costs, were $1.15 per share.

The results exceeded Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $1.09 per share.

The paint and coatings maker posted revenue of $3.65 billion in the period, m...