PPG Industries shares rose 5.7% to $113.82 after the company said it expects a preliminary first-quarter earnings beat. The upside was attributed to strength in its aerospace and Latin America architectural coatings businesses. The move reflects a positive earnings catalyst and improving operating fundamentals for the quarter.
PPG Industries shares rose 5.7% to $113.82 after the company said it expects a preliminary first-quarter earnings beat. The upside was attributed to strength in its aerospace and Latin America architectural coatings businesses. The move reflects a positive earnings catalyst and improving operating fundamentals for the quarter.
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moderately positive
Sentiment Score
0.55
Ticker Sentiment