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PPG misses Q4 top-line and bottom-line estimates; initiates FY25 outlook below estimates

  • PPG press release (NYSE:PPG): Q4 Non-GAAP EPS of $1.61 misses by $0.02.
  • Revenue of $3.73B (-4.6% Y/Y) misses by $241.35M.
  • Share repurchases of approximately $250 million in the quarter.
  • Operating cash flow of $1.4 billion; share repurchases and dividends of $1.4 billion.
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