Here's Why Shares in PPG Outperformed Today
Shares in paints and coatings company PPG (PPG 4.54%) rose by as much as 6.1% in early trading today as investors cheered its first-quarter earnings report and full-year guidance. Given the pressure on the economy due to the uncertainty around tariffs, any company that merely restates its full-year guidance must be looked at positively.A mixed quarter for PPGManagement reiterated guidance for adjusted earnings per share (EPS) of 8.05, as an improvement in its performance coatings segment is more than ...