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PPG Industries Beats, Net Sinks
By: DailyMarkets.com
Posted on April 19, 2012 at 15:20 PM EDT
PPG Industries’ (NYSE:PPG) continues its impressive positive surprise streak as its first-quarter 2012 adjusted earnings of $1.81 a share topped the Zacks Consensus Estimate by a couple of cents. The adjusted earnings exclude one-time charges associated with restructuring, environmental remediation and acquisitions. However, profit (as reported) tumbled 94% year over year to $13 million or [...]

PPG Industries’ (NYSE:PPG) continues its impressive positive surprise streak as its first-quarter 2012 adjusted earnings of $1.81 a share topped the Zacks Consensus Estimate by a couple of cents. The adjusted earnings exclude one-time charges associated with restructuring, environmental remediation and acquisitions.
However, profit (as reported) tumbled 94% year over year to $13 million or 8 cents a share, hurt by the hefty one-time charges. The Pennsylvania-based company reported profit of $228 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Related Stocks:
E.I. DuPont de Nemours & Co. PPG Industries, Inc.
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