PPG

Wall Street expects a year-over-year decline in earnings on higher revenues when Minerals Technologies (MTX) reports results for the quarter ended September 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on October 29, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower. While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise. This maker of mineral, mineral-based and synthetic mineral products is expected to post quarterly earnings of $1.45 per share in its upcoming report, which represents a year-over-year change of -6.5%. Revenues are expected to be $549.8 million, up 3.3% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 11.46% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts. Price, Consensus and EPS Surprise Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction). The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP. Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell). For Minerals Technologies, the Most Accurate Estimate is the same as the Zacks Consensus Estimate, suggesting that there are no recent analyst views which differ from what have been considered to derive the consensus estimate. This has resulted in an Earnings ESP of 0%. On the other hand, the stock currently carries a Zacks Rank of #4. So, this combination makes it difficult to conclusively predict that Minerals Technologies will beat the consensus EPS estimate. While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number. For the last reported quarter, it was expected that Minerals Technologies would post earnings of $1.64 per share when it actually produced earnings of $1.60, delivering a surprise of -2.44%. Over the last four quarters, the company has beaten consensus EPS estimates two times. An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss. That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. Minerals Technologies doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release. Another stock from the Zacks Chemical - Specialty industry, PPG Industries (PPG), is soon expected to post earnings of $2.13 per share for the quarter ended September 2026. This estimate indicates no change from the year-ago quarter. Revenues for the quarter are expected to be $4.28 billion, up 4.7% from the year-ago quarter. The consensus EPS estimate for PPG Industries has been revised 0.4% lower over the last 30 days to the current level. However, a lower Most Accurate Estimate has resulted in an Earnings ESP of -1.71%. When combined with a Zacks Rank of #4 (Sell), this Earnings ESP makes it difficult to conclusively predict that PPG Industries will beat the consensus EPS estimate. Over the last four quarters, the company surpassed EPS estimates just once. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Minerals Technologies Inc. (MTX) : Free Stock Analysis Report PPG Industries, Inc. (PPG) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

PPG Industries, Inc. (PPG), headquartered in Pittsburgh, Pennsylvania, manufactures and distributes paints, coatings, and specialty materials. Valued at $23.4 billion by market cap, the company makes protective and decorative coatings, flat glass, fabricated glass products, continuous-strand fiber glass products, and industrial and specialty chemicals. The leading paints and coatings manufacturer is expected to announce its fiscal third-quarter earnings for 2026 after the market closes on Tuesday, Oct. 27. Ahead of the event, analysts expect PPG Industries to report a profit of $2.13 per share on a diluted basis, unchanged from the year-ago quarter. The company beat or matched the consensus estimates in two of the last four quarters while missing the forecast on two other occasions. - Late Billionaire Charlie Munger Told Value Investors to 'Get Used To Making Less' Because They All Want 'A Diminished Bunch Of Opportunities' but Warren Buffett Disagrees - Why It's Time to Load Up on Qualcomm Stock - 100,000 Reasons to Buy Oracle Stock - Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. For the full year, analysts expect PPG Industries to report EPS of $7.89, up 4.1% from $7.58 in fiscal 2025. Its EPS is expected to rise 10.4% year over year to $8.71 in fiscal 2027. PPG stock has underperformed the S&P 500 Index's ($SPX) 16% gains over the past 52 weeks, with shares up 2.9% during this period. Similarly, it underperformed the State Street Materials Select Sector SPDR ETF's (XLB) 10.8% gains over the same time frame. PPG has underperformed due to persistent volume declines across key end-markets such as commercial construction and general manufacturing alongside specific segment drag within its automotive refinish coatings division, where lower body shop demand and shifting customer ordering patterns squeezed margins. Compounding these volume headwinds, input cost inflation across raw materials, energy, and logistics continuously challenged profitability, leading to mixed quarterly earnings execution. Additionally, sluggish economic recovery in European and Asian architectural coatings markets combined with investor caution over future margin expansion timing has weighed heavily on market sentiment, offsetting strength in high-margin segments like aerospace. On Jul. 28, PPG reported its Q2 results, and its shares closed down more than 6% in the following trading session. Its adjusted EPS of $2.23 did not meet Wall Street expectations of $2.26. The company's revenue was $4.5 billion, topping Wall Street forecasts of $4.4 billion. PPG expects full-year adjusted EPS in the range of $7.70 to $8.10. Analysts' consensus opinion on PPG stock is moderately bullish, with a "Moderate Buy" rating overall. Out of 24 analysts covering the stock, 11 advise a "Strong Buy" rating, and 13 give a "Hold." PPG's average analyst price target is $125.28, indicating a potential upside of 17.6% from the current levels. On the date of publication, Neha Panjwani did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Barchart.com

RPM International (RPM) is set to report its earnings on Tuesday, October 6, 2026. The company has a market value of about $12.6 billion. Over the last twelve months, it generated $7.9 billion in revenue and $966 million in operating profit, with net income of $661 million. The reaction will turn on how the results and guidance land against expectations. Before the release, it helps to know how the stock has behaved after previous reports, and whether an early move has tended to carry on. See the earnings reaction history of all stocks RPM International's Historical Odds Of A Positive Post-Earnings Return Some observations on one-day (1D) post-earnings returns, measured from the last close before each release: - There are 20 earnings releases in the last five years, with 13 positive and 7 negative one-day (1D) returns. Positive 1D returns were seen 65% of the time. - Over the last three years, that share falls to 64% across 11 releases. - The median of the 13 positive 1D returns is 5.8%, and the median of the 7 negative ones is -3.7%. - The largest one-day reactions were 12.4% and -13.1%. The table below shows the 1D, 5-day (5D), and 21-day (21D) returns after each release, followed by summary statistics. Earnings Date | 1D | 5D | 21D 7/22/2026 | 5.8% | 10.1% | 10.0% 4/8/2026 | 12.4% | 12.4% | 6.4% 1/8/2026 | 1.7% | 6.1% | 12.1% 10/1/2025 | -0.6% | -4.4% | -7.6% 7/24/2025 | 8.6% | 5.1% | 10.1% 4/8/2025 | -9.1% | -0.8% | 3.0% 1/7/2025 | 1.1% | 2.9% | 3.0% 10/2/2024 | 6.3% | 8.0% | 7.1% 7/25/2024 | 6.8% | 9.5% | 3.1% 4/4/2024 | -5.8% | -6.6% | -8.2% 1/4/2024 | -3.0% | -0.1% | -0.2% 10/4/2023 | 6.3% | 6.1% | 0.7% 7/26/2023 | 11.2% | 13.0% | 6.6% 4/6/2023 | -3.7% | -2.7% | -3.2% 1/5/2023 | -13.1% | -9.3% | -6.3% 10/5/2022 | 3.3% | 3.5% | 3.1% 7/25/2022 | -0.7% | 5.0% | 7.7% 4/6/2022 | 4.9% | 3.2% | 2.6% 1/5/2022 | 0.3% | -4.0% | -9.2% 10/6/2021 | 2.6% | 0.9% | 12.2% Statistic | 1D | 5D | 21D # Positive | 13 | 13 | 14 # Negative | 7 | 7 | 6 Median Positive | 5.8% | 6.1% | 6.5% Median Negative | -3.7% | -4.0% | -7.0% Max Positive | 12.4% | 13.0% | 12.2% Max Negative | -13.1% | -9.3% | -9.2% Does The First Move Carry On? Another approach is to wait for the initial reaction and ask whether it tends to continue. The table below shows the correlation between the 1D return and the return over the following 5 and 21 trading days, and between the 5D return and the following 21 trading days. A value near 1 means the first move has tended to continue; near -1, to reverse; near 0, no consistent pattern. The strongest relationship over five years is between the 1D and the following 21 days, at -0.43 across 20 releases: the early move has tended to partly reverse. That is a tendency, not a rule, and it can break on any given report. History | 1D vs next 5D | 1D vs next 21D | 5D vs next 21D 5 Years | -0.40 | -0.43 | -0.19 3 Years | -0.50 | -0.43 | -0.37 Do Peers That Report First Offer A Clue? H.B. Fuller (FUL) usually reports a few weeks before RPM International and has already reported this season. The table covers the 9 reports where Fuller reported within 30 days of RPM. The correlation is 0.11; the closer to 1, the more the peer's reaction has foreshadowed RPM International's, and a negative value means it has tended to point the other way. RPM Earnings Date | RPM 1D | FUL 1D 4/8/2026 | 12.4% | 0.5% 10/1/2025 | -0.6% | -3.9% 4/8/2025 | -9.1% | 6.1% 10/2/2024 | 6.3% | 0.1% 4/4/2024 | -5.8% | -3.4% 10/4/2023 | 6.3% | 6.0% 4/6/2023 | -3.7% | -2.0% 10/5/2022 | 3.3% | 3.0% 4/6/2022 | 4.9% | 0.7% Correlation | - | 0.11 Trading around earnings is a bet on a single event. If you want upside with a smoother ride than an individual stock such as RPM can offer, consider the Trefis High Quality (HQ) Portfolio: about 30 stocks selected for consistent cash generation, strong margins, and resilient balance sheets, with a track record of outperforming a benchmark that combines the S&P 500, the S&P MidCap 400, and the Russell 2000.

PPG Industries stock has delivered a negative 5 year return while the latest valuation checks suggest the shares may be pricing in more pessimism than the underlying cash flows imply. With both a Discounted Cash Flow (DCF) estimate and market multiples pointing to undervaluation, investors are weighing how much of that gap reflects genuine long term risk. The share price is down 19.9% over 5 years, which raises the question of whether sentiment has weakened more than the long run earnings and cash flow outlook. Future cash generation from PPG Industries coatings and materials portfolio can support value if margins hold up, while any sustained pressure on volumes or input costs may limit how much of the current discount closes. The stock carries a high value score of 5 out of 6, which means the broader set of valuation checks leans toward the shares looking cheap rather than expensive. For investors, the debate is whether PPG Industries current share price already reflects the weaker long term return so far, or if the apparent discount to intrinsic value is justified by the risks ahead. Spot opportunities beyond PPG Industries by comparing its valuation disconnect with hand picked 45 high quality undervalued stocks that also trade at a discount to their underlying fundamentals. The Discounted Cash Flow (DCF) model values PPG Industries by projecting the cash it could return to shareholders over time. On this view, the company is currently generating last twelve month free cash flow of about $1.44b, with the model assuming growing cash flows rather than steep contraction. Using a 2 Stage Free Cash Flow to Equity approach, those projections translate into an estimated intrinsic value of about $209 per share. This compares with the current share price, which implies a 46.3% discount to that DCF estimate. For you as an investor, that gap suggests the market is pricing in more pressure on PPG Industries future cash generation than this cash flow based model currently assumes. On this DCF view, PPG Industries stock appears undervalued relative to its projected cash flows. Our Discounted Cash Flow (DCF) analysis suggests PPG Industries is undervalued by 46.3%. Track this in your watchlist or portfolio, or discover 45 more high quality undervalued stocks. Head to the Valuation section of our Company Report for more details on how we arrive at this Fair Value for PPG Industries. P/E is usually a useful way to look at a mature, cash generative business like PPG Industries because earnings are a key driver of long term shareholder returns. PPG Industries currently trades on a P/E of about 15.9x. This sits below both the wider chemicals industry average of roughly 23.8x and a peer group average near 25.8x. A more tailored fair P/E for PPG Industries, which factors in its size, profitability profile and risk, is estimated at about 19.1x. That points to the stock trading at a discount to where the P/E might sit if the market priced PPG Industries closer to this fair ratio. For you, the question is whether the lower multiple reflects concerns about the earnings outlook or if it offers room for re rating if results hold up against expectations. On this P/E yardstick, PPG Industries stock currently looks undervalued. See what the numbers say about this price — find out in our valuation breakdown. Simply Wall St Narratives take the valuation puzzle around PPG Industries and turn it into specific future paths that would justify a meaningfully higher or lower share price from here. Each narrative links its number to a clear view of where PPG Industries' growth, margins and risks might go next. This gives you something concrete to revisit on the Community page as fresh results, guidance and industry data emerge. Share a narrative on PPG Industries' stock to present your number-driven view on where its growth, margins and execution go from here, and track how that thesis holds up as new information becomes available. Add your voice to the Simply Wall St community so other investors can compare your case with their own. Do you think there's more to the story for PPG Industries? Head over to our Community to see what others are saying! PPG Industries screens as undervalued on both its Discounted Cash Flow (DCF) intrinsic value estimate and its current P/E multiple, with the broader valuation checks also pointing in the same direction. That combination suggests the stock already bakes in a fair amount of caution about future cash flows and earnings. For you, the crux is whether PPG Industries can sustain cash generation and margins well enough for that discount to close, or whether the current price is a reasonable reflection of ongoing business and industry risks. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include PPG. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]

International Flavors & Fragrances Inc. IFF reported second-quarter 2026 adjusted earnings of 82 cents per share, missing the Zacks Consensus Estimate of $1.14. The company’s second-quarter 2025 adjusted earnings came in at 77 cents, excluding the results from discontinued operations.Including one-time items, the company reported earnings of 20 cents per share compared with $2.33 in the prior-year quarter.In late May, International Flavors announced that it inked a deal with CVC Capital Partners to sell its Food Ingredients business. The deal is in sync with International Flavors’ portfolio transformation strategy, which is expected to solidify its focus on its innovation-driven businesses. Starting second-quarter 2026, the Food Ingredients disposal group is reported as discontinued operations. International Flavors & Fragrances Inc. price-consensus-eps-surprise-chart | International Flavors & Fragrances Inc. Quote Net sales rose 1.8% year over year to $1.95 billion but missed the consensus estimate of $2.68 billion. Comparable currency-neutral sales advanced 6%, supported by broad-based growth across Taste, Health & Biosciences, and Scent.International Flavors’ Q2 Gross Margin Improves Y/YIn the reported quarter, IFF’s cost of goods sold increased 0.5% year over year to $1.10 billion. Gross profit rose 3.5% to $853 million. The gross margin came in at 43.7% compared with 42.9% in the year-ago quarter.Research and development expenses remained flat year over year at $170 million. Selling and administrative expenses increased 6.8% to $437 million in the second quarter. Adjusted operating EBITDA came in at $408 million, up 2.3% from the prior-year quarter’s $399 million. The adjusted operating EBITDA margin was 20.9% compared with 20.8% in the year-ago quarter. Net sales in the Taste segment increased 5.2% year over year to $688 million in the June-end quarter. The figure surpassed our estimate of $647 million. Adjusted operating EBITDA was $124 million, up 6% year over year from $117 million, driven by volume growth and favorable net pricing. Our estimate for the segment’s adjusted EBITDA was $127 million. The segment’s adjusted operating EBITDA margin was 18% compared with 17.9% in the prior-year quarter.Sales generated in the Health & Biosciences segment were $601 million, growing 7.5% from the year-earlier quarter’s $559 million. The figure matched our estimate. Growth was led by Grain Processing, Food Biosciences and Animal Nutrition.Adjusted operating EBITDA was $150 million in the quarter, up 7.9% year over year from $139 million. Our estimate for the segment’s adjusted EBITDA was $154 million. The segment’s adjusted operating EBITDA margin was 25% compared with 24.9% a year ago.The Scent segment’s sales were $665 million, up 10.3% year over year from $603 million. Our estimate was $624 million. The upside was driven by double-digit growth in Fragrance Ingredients and high-single-digit growth in Consumer Fragrance. Fine Fragrance posted low-single-digit growth, with results affected by the Middle East conflict.Adjusted operating EBITDA increased 10.7% to $134 million from $121 million in the prior-year quarter. Our model had projected EBITDA of $131 million. The adjusted operating EBITDA margin was 20.2% compared with 20.1% in the year-ago quarter. IFF had cash and cash equivalents of $569 million at the end of the second quarter of 2026, down from $590 million at the end of 2025. Long-term debt was $4.74 billion at June 30, 2026, largely unchanged from the end of 2025. Net debt to credit-adjusted EBITDA was 2.5X.International Flavors generated $679 million in cash from operating activities in the first six months of 2026, up from $368 million in the prior-year period. For 2026, International Flavors expects sales from continuing operations of $7.4 billion to $7.6 billion. Adjusted operating EBITDA is projected between $1.53 billion and $1.60 billion. The outlook excludes $3.2 billion in sales and $520 million in adjusted operating EBITDA related to discontinued operations.The company expects comparable currency-neutral sales growth of 2-4% and comparable currency-neutral adjusted operating EBITDA growth of 4-8%. Foreign exchange is projected to benefit sales growth by 1% and adjusted operating EBITDA growth by 2%.IFF also authorized an enhanced $2.5-billion share repurchase program, including a planned $500-million accelerated repurchase in the second half of 2026. The remaining $2 billion is expected to be executed after the Food Ingredients divestiture closes, with completion targeted by the end of 2027. IFF currently has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 (Strong Buy) Rank stocks here. In the past year, the company’s shares have gained 17.3% compared with the industry’s growth of 3.7%. Image Source: Zacks Investment Research Linde plc LIN reported second-quarter 2026 adjusted earnings of $4.50 per share, up 10% from $4.09 per share a year ago. The bottom line topped the Zacks Consensus Estimate of $4.49 per share by 0.22%.Linde’s sales increased 9% to $9.29 billion from $8.49 billion in the prior-year quarter, surpassing the Zacks Consensus Estimate of $8.96 billion by 3.68%.PPG Industries, Inc. PPG reported adjusted earnings of $2.23 per share in the second quarter of 2026, up 0.5% year over year and missed the Zacks Consensus Estimate of $2.26.PPG Industries’ sales rose 7.2% year over year to $4.5 billion and topped the consensus mark of $4.36 billion by 3.1%. Organic sales increased 4%, aided equally by higher volumes and selling prices.Ecolab Inc. ECL reported second-quarter 2026 adjusted earnings of $2.09 per share, up 10.6% year over year. The figure surpassed the Zacks Consensus Estimate by 0.4%.Ecolab sales rose 9.7% year over year to $4.42 billion, surpassing the consensus estimate by 0.5%. Organic sales increased 5%, aided by stronger pricing, volume growth and solid demand across Ecolab’s core businesses and growth engines. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report International Flavors & Fragrances Inc. (IFF) : Free Stock Analysis Report Ecolab Inc. (ECL) : Free Stock Analysis Report PPG Industries, Inc. (PPG) : Free Stock Analysis Report Linde PLC (LIN) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

PPG Industries, Inc. has reported past second quarter 2026 results showing sales of US$4,495 million versus US$4,195 million a year earlier, with net income easing to US$437 million and earnings per share broadly flat. Alongside reaffirming its full-year 2026 earnings guidance and increasing its quarterly dividend to US$0.74, PPG continued buybacks, completing US$956.61 million of repurchases since 2024. Now we’ll explore how reaffirmed full-year earnings guidance shapes PPG’s investment narrative and what it may mean for investors. This technology could replace computers: discover 26 stocks that are working to make quantum computing a reality. To own PPG Industries, you need to be comfortable with a coatings business where steady demand in aerospace and protective coatings is offset by more cyclical industrial and architectural markets. The latest quarter showed higher sales but slightly softer net income, and the reaffirmed 2026 earnings guidance suggests the near term catalyst remains execution on cost controls and growth projects, while key risks like weaker auto production and regional inflation pressures appear unchanged rather than materially altered by this update. The most immediate development for shareholders is PPG’s decision to lift its quarterly dividend to US$0.74 per share, even as earnings per share were broadly flat year on year. For investors watching how management balances growth investments, buybacks of US$956.61 million since 2024, and cash returns, this higher dividend sits directly in the context of the reaffirmed US$7.70 to US$8.10 full year EPS guidance and the need to manage foreign currency and automotive demand risks carefully. Yet while the dividend increase may look reassuring, the pressure from weaker automotive production is something investors should be aware of... Read the full narrative on PPG Industries (it's free!) PPG Industries’ narrative projects $17.8 billion revenue and $1.9 billion earnings by 2029. Uncover how PPG Industries' forecasts yield a $125.50 fair value, a 12% upside to its current price. Two members of the Simply Wall St Community currently value PPG between US$125.50 and US$186.30 per share, highlighting how far apart fair value opinions can be. When you set those views against the reliance on stronger aerospace and protective coatings demand as a key earnings catalyst, it underlines why many investors look at several perspectives before forming a view on PPG’s potential performance. Explore 2 other fair value estimates on PPG Industries - why the stock might be worth just $125.50! Disagree with existing narratives? Extraordinary investment returns rarely come from following the herd, so go with your instincts. A great starting point for your PPG Industries research is our analysis highlighting 5 key rewards and 1 important warning sign that could impact your investment decision. Our free PPG Industries research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate PPG Industries' overall financial health at a glance. Right now could be the best entry point. These picks are fresh from our daily scans. Don't delay: The future of work is here. Discover the 34 top robotics and automation stocks leading the charge in AI-driven automation and industrial transformation. Rare earth metals are an input to most high-tech devices, military and defence systems and electric vehicles. The global race is on to secure supply of these critical minerals. Beat the pack to uncover the 29 best rare earth metal stocks of the very few that mine this essential strategic resource. Outshine the giants: these 15 early-stage AI stocks could fund your retirement. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include PPG. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]

Sherwin-William’s Win Over PPG Stock in The Construction Boom PPG Industries (NYSE:PPG) reported second-quarter net sales of $4.5 billion, up 7% from a year earlier, as the coatings maker recorded its sixth consecutive quarter of organic sales growth. Organic sales rose 4%, with sales volumes and selling prices contributing equally, Chairman and CEO Tim Knavish said on the company’s earnings call. Adjusted earnings per share were $2.23, slightly above the prior-year period. Knavish said strong results in Aerospace and Architectural Coatings Latin America helped offset expected lower volumes in Automotive Refinish. Company adjusted EBITDA margin exceeded 17% during the quarter. → Refiner Stocks Are Near Record Highs—Can Iran-Driven Margins Keep Them There? The 4 most upgraded stocks in the first week of 2024 PPG said it covered approximately 90% of cost-of-goods-sold inflation through pricing in the second quarter and now expects to achieve full coverage by the fourth quarter, one quarter earlier than its prior target. The company cited rising raw material, energy, logistics and packaging costs across the coatings supply chain following the Iran War. Global Architectural Coatings sales increased 8% to $1.1 billion. Organic sales rose 2%, driven by higher selling prices that were partly offset by modestly lower volume. Latin America and Asia-Pacific posted mid-single-digit organic sales growth, while EMEA returned to positive organic sales growth at a low-single-digit rate. → Why SK hynix Could Be the Best AI Chip Stock to Buy Now PPG Industries Diversified Model Pays Off For Investors Segment EBITDA increased 14%, and margin expanded 100 basis points to 19.4%. Knavish said European pricing and cost actions produced a return to margin expansion following several quarters of contraction. For the third quarter, PPG expects the segment’s organic sales to range from flat to up a low-single-digit percentage, while EBITDA margin is expected to be relatively flat year over year. Performance Coatings sales rose 7% to $1.6 billion, while organic sales increased 3%. Aerospace posted double-digit sales growth and maintained an order backlog of about $300 million. Protective and Marine Coatings also grew at a double-digit rate, marking its 13th consecutive quarter of sales-volume growth, and Traffic Solutions grew at a mid-single-digit rate. → 3 Value ETFs to Consider as Growth Stocks Lag Behind Automotive Refinish organic sales, however, declined by a double-digit percentage, reflecting difficult comparisons with customer order patterns in the second quarter of 2025 and a still-modest industry recovery. Performance Coatings EBITDA margin fell 300 basis points to 22.7%, a decline Knavish said was driven almost entirely by the Automotive Refinish comparison. Management said it expects Automotive Refinish to return to growth in both the third and fourth quarters, with U.S. destocking now behind the business. Knavish also pointed to improving insurance-market indicators, including a low-single-digit year-over-year decline in auto insurance premiums during the second quarter, the first such quarterly decline in five years. Industrial Coatings sales grew 7% to $1.8 billion, with organic sales up 5% on volume gains in all three businesses. Automotive OEM Coatings grew at a low-single-digit rate, including mid-single-digit volume growth and share gains that outpaced global auto production by approximately 500 basis points. Packaging Coatings posted double-digit organic sales growth, with volumes up more than 20% on a two-year stacked basis. Industrial Coatings EBITDA increased 2%, though margin declined 70 basis points to 15.9% because of cost inflation. PPG expects modest organic growth and margin compression for the segment in the second half, citing the timing of index-based pricing. Knavish highlighted aerospace as a major growth engine, describing PPG’s roughly $2 billion aerospace portfolio as spanning sealants, adhesives, transparencies and coatings across original-equipment and aftermarket channels. The company is investing more than $500 million in added aerospace capacity, including a previously discussed $380 million facility in Shelby, North Carolina, along with about $120 million of debottlenecking and expansion work at existing sites. During the analyst discussion, Knavish said PPG expects approximately $25 million per quarter of previously won new business in its Industrial Coatings segment to begin contributing to revenue. He identified Aerospace, Packaging Coatings, Protective and Marine, Industrial Coatings and Automotive OEM as areas where PPG is gaining share. In Protective and Marine, Knavish cited strength in marine aftermarket, Asian marine new-build activity, fire protection, data centers, warehouses, energy and infrastructure. He said the company does not see a near-term peak in the business, though growth rates could moderate as comparisons become more difficult. Chief Financial Officer Jamie Beggs, who joined her first PPG earnings call in the role, said the company ended the quarter with $1.6 billion in cash and short-term investments. Net debt declined by more than $400 million from the second quarter of 2025, leaving net debt at 1.9 times adjusted EBITDA. Year-to-date cash from operations totaled about $600 million, more than $220 million higher than a year earlier, primarily due to working-capital improvements. PPG returned approximately $235 million to shareholders during the quarter through dividends and share repurchases, including $75 million in buybacks. Year-to-date share repurchases reached $175 million. The company reaffirmed its full-year adjusted EPS guidance of $7.70 to $8.10. For the third quarter, PPG expects organic sales growth of low-single-digit to mid-single-digit percentages and adjusted EBITDA margin ranging from flat to down 100 basis points year over year. PPG Industries is a global supplier of paints, coatings and specialty materials that serves industrial, transportation, consumer and construction markets. Founded in 1883 as the Pittsburgh Plate Glass Company, PPG has evolved from its origins in glass manufacturing into a diversified coatings and materials company headquartered in Pittsburgh, Pennsylvania. The company develops and manufactures a broad array of products used to protect and enhance surfaces, from consumer paints to highly engineered coatings for demanding industrial applications. PPG's product portfolio includes architectural and decorative paints, automotive original equipment and refinish coatings, industrial coatings for machinery and equipment, protective and marine coatings, aerospace and defense coatings, and packaging coatings and materials. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "PPG Industries Q2 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for July 2026.

Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Achieved sixth consecutive quarter of organic sales growth, outpacing the industry by 300 basis points through systematic commercial and operational excellence. Successfully covered 90% of cost of goods sold inflation with proactive pricing actions, reaching a breakeven run rate one quarter ahead of previous commitments. Industrial Coatings segment reached a growth inflection point, driven by the launch of multi-year share gains in automotive OEM and packaging technologies. Aerospace performance remains a primary growth engine, supported by a robust $300 million order backlog and diversified exposure across commercial and military end-uses. Architectural Coatings EMEA returned to margin expansion after several quarters of contraction, following strategic pricing and cost control initiatives. Performance in Automotive Refinish was impacted by expected challenging year-over-year comparisons and U.S. customer destocking, which management believes is now concluded. Maintained supply continuity and operational resilience despite rising raw material and logistics costs stemming from the Iran conflict. Anticipate 100% coverage of cost of goods sold inflation by the fourth quarter of 2026 through continued global pricing adjustments. Expect Automotive Refinish to return to volume and revenue growth in the second half of 2026 as inventory levels normalize and new MSO wins convert. Projecting continued outperformance in Industrial Coatings driven by a pipeline of new business wins estimated at $25 million per quarter. Investing over $0.5 billion in aerospace capacity, including the Shelby facility, to support long-term demand and scale in high-margin specialized products. Guidance for the third quarter assumes low to mid-single-digit organic sales growth, balanced by mixed consumer sentiment in Europe and timing of index-based pricing. Cost of goods sold inflation is estimated in the mid-single-digit to high-single-digit percentage range through the end of 2026. Executing a restructuring program in Architectural EMEA involving plant closures scheduled for late 2026 and early 2027 to drive structural margin improvement. U.S. automotive insurance premiums saw their first quarterly year-over-year decline in five years, signaling a potential normalization of underlying industry demand. Capital allocation remains focused on organic investment and share repurchases, with $175 million in shares repurchased year-to-date. One stock. Nvidia-level potential. 30M+ investors trust Moby to find it first. Get the pick. Tap here. Management attributes the 5% volume growth to share gains won over the last 1.5 to 2 years that are finally hitting the P&L as customer facilities launch. Expects to continue outpacing the market, though perhaps not at the 500 basis point level seen this quarter as comps normalize. Confirmed that the significant U.S. destocking period is over; volumes are expected to be up low single digits in the second half of the year. Noted that customers are not trading down to value brands, as they prioritize the productivity and throughput provided by premium coatings and digital tools. Management stated they have seen virtually no lost business due to pricing efforts, characterizing the process as collaborative rather than transactional. The speed of price realization was improved by applying learnings from previous cycles and removing lag periods in response to sudden cost spikes. Management explicitly stated they have "nothing of size for sale" currently, following recent efforts to clean up the portfolio. While some businesses perform below the aerospace average, they are focused on margin improvement rather than exits unless a path to recovery is absent.

This article first appeared on GuruFocus. Net Sales: $4.5 billion, up 7% year over year. Organic Sales Growth: 4%, with equal contributions from sales volumes and selling prices. Adjusted Earnings Per Share (EPS): $2.23, slightly higher year-over-year. Adjusted EBITDA Margin: Over 17%. Share Repurchases: $75 million in the quarter, $175 million year-to-date. Global Architectural Coatings Net Sales: $1.1 billion, up 8%. Performance Coatings Net Sales: $1.6 billion, up 7%. Industrial Coatings Net Sales: $1.8 billion, up 7%. Cash and Short-term Investments: $1.6 billion. Net Debt: Decreased by more than $400 million from the second quarter of 2025. Cash from Operating Activities: Approximately $600 million year-to-date. Dividends and Share Repurchases: Approximately $235 million returned to shareholders during the quarter. Full-Year Adjusted EPS Guidance: $7.70 to $8.10. Warning! GuruFocus has detected 6 Warning Signs with BLKB. Is PPG fairly valued? Test your thesis with our free DCF calculator. Release Date: July 29, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. PPG Industries Inc (NYSE:PPG) reported its sixth consecutive quarter of organic sales growth, with a solid increase of 4% driven by equal contributions from sales volumes and selling prices. The company achieved a 7% year-over-year increase in net sales, totaling $4.5 billion, with strong performance in aerospace and Architectural Coatings Latin America businesses. PPG Industries Inc (NYSE:PPG) successfully covered about 90% of cost of goods sold inflation with pricing during the quarter and expects to reach 100% coverage by the fourth quarter. The Global Architectural Coatings segment saw an 8% increase in net sales, with significant growth in Latin America and Asia Pacific driven by volume growth and higher selling prices. The Industrial Coatings segment experienced a 7% growth in net sales, with organic sales increasing 5% due to volume growth across all three businesses, reflecting share gains and strong performance in automotive OEM coatings. The Performance Coatings segment experienced a decline in EBITDA margin by 300 basis points year over year, primarily due to lower automotive refinish sales volumes. Automotive refinish coatings saw a double-digit percentage decrease in organic sales, reflecting challenging comparisons to customer order patterns and a modest recovery of underlying industry demand. The company faced rising costs for raw materials, energy, logistics, and packaging due to the impact of the Iran War, affecting the coatings value chain. PPG Industries Inc (NYSE:PPG) anticipates a relatively flat EBITDA margin for the Global Architectural Coatings segment in the third quarter, with mixed consumer sentiment in Europe. The Industrial Coatings segment is expected to face EBITDA margin compression in the second half of 2026 due to the timing of index-based price adjustments. Q: Why did Performance Coatings sales drop sequentially, and what gives you confidence in the business's acceleration in the second half of the year? A: The drop in Performance Coatings sales was entirely due to year-over-year comps in automotive refinish. Other businesses in the segment, like aerospace and protective and marine coatings, showed growth. We expect refinish to return to growth in Q3 and Q4, and our pricing momentum gives us confidence in our second-half guidance. (Timothy Knavish, CEO) Q: Can you explain the volume growth trajectory in the Industrial Coatings segment and why the sales guide for Q3 is lower than the Q2 growth? A: The Industrial Coatings segment saw significant volume growth due to share gains in auto OEM, packaging, and industrial coatings. The Q3 sales guide is lower due to high year-over-year comps in packaging, which has been growing double digits. We expect continued growth in auto and industrial coatings. (Timothy Knavish, CEO) Q: How do you see the refinish margins recovering over time, given its high-margin status within the group? A: Refinish is one of our top-margin businesses, and we are confident that the destocking in the U.S. is behind us. We are also driving pricing to restore gross margins. We expect sales growth, earnings growth, and margin recovery in the Performance Coatings segment as we move through Q3 and beyond. (Timothy Knavish, CEO) Q: How did you achieve price-cost recovery ahead of schedule, and what factors contributed to this? A: We learned from previous inflationary cycles and moved faster on pricing this time. The abrupt increase in costs due to the Iran conflict eliminated any initial lag in pricing actions. Our teams executed significant price increases quickly, allowing us to offset 90% of cost inflation in just one quarter. (Timothy Knavish, CEO) Q: What are the main drivers of strength in the protective and marine business, and how sustainable is this growth? A: The protective and marine business has seen sustained growth due to strong performance in marine aftermarket, fire protection, and data center projects. We expect continued growth driven by these verticals, although the rate may moderate due to larger denominators. Maintenance demand remains steady, providing a stable base. (Timothy Knavish, CEO) For the complete transcript of the earnings call, please refer to the full earnings call transcript.