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PPPPG

What PPG Industries promised, and what happened

Guidance Tracker · every commitment management made on a call, tracked from the quarter it was made

Guidance

What management said, and what became of it

8 of 10 judged targets kept · 17 open · verdicts reflect calls analysed to Jun 2026.

TargetOriginal wordingSaidLatest callVerdict
Q2 adjusted EPS year-over-year growthflat to a positive low single-digit percentageMar 2026Jun 2026:Adjusted earnings per share of $2.23 was slightly higher year-over-year, driven by strong results in our differentiated aerospace and Architectural Coatings Latin America businesses
Call transcript, Jun 2026 · no direct link
Achieved
Full-year cash from operations as a percentage of salesabout 10% of salesMar 2026Jun 2026:I don't expect there to be -- anything changed from what was provided for where operating from cash flow, we expect north of 10% on a sales basis.
Call transcript, Jun 2026 · no direct link
Revised Up
Full-year adjusted EPSmid-single-digit percentage increase at guidance midpoint ($7.70 to $8.10)Dec 2025Jun 2026:We are reaffirming our full year adjusted earnings per share guidance range of $7.70 to $8.10.
Call transcript, Jun 2026 · no direct link
On Track

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

The full ledger

Open PPG Industries’s full ledger

A free account opens 5 company ledgers a month. All 27 tracked commitments, with each call’s wording and source.

The rest of the ledger

Pro opens all 27 tracked commitments for PPG Industries

Above is what the last two calls moved. Pro adds every quarter's revision, the source quote behind each one, and the topics management has stopped answering.