PPG Sets October 27 Date for Third-Quarter Results Amid 1.8% Growth in U.S. Industrial Orders
Key Facts
PPG scheduled the release of its third-quarter 2026 results after the U.S. stock market closes on October 27, with a conference call set for October 28 at 8 a.m. Eastern Time, according to the company’s Investor Center. The results are due after the company maintained its 2026 adjusted earnings outlook in July at $7.70 to $8.10 per share. At the time, it forecast third-quarter organic sales growth in the low- to mid-single-digit range. In the second quarter, the company reported net sales of $4.495 billion, up 7% year over year, and adjusted earnings per share of $2.23. The company did not confirm third-quarter results in its date announcement, so those figures remain the focus of the upcoming release.
Second-quarter results provide the previous benchmark ahead of the new figures. Chief Executive Tim Knavish said organic sales grew 4%, with equal contributions from sales volume and selling prices. The company said performance in its aerospace and Latin American architectural coatings businesses supported adjusted earnings, partly offset by lower sales volumes in automotive refinish coatings. Adjusted earnings per share were $2.23 for the quarter, slightly above the year-earlier level, according to the company’s statement. Knavish said organic sales growth came from “equal contributions from sales volume and selling prices.” These indicators provide context for the company’s performance ahead of its upcoming announcement, while third-quarter results were not included in the information published with the date announcement.
On costs, PPG said it covered about 90% of cost-of-goods-sold inflation in the second quarter and expected to reach full coverage in the fourth quarter of 2026. It also forecast third-quarter adjusted EBITDA margins to be flat or decline by as much as 100 basis points year over year. In its second-quarter results presentation, the company tied its outlook to expected organic sales growth, which it placed in the low- to mid-single-digit range. It also maintained its annual adjusted earnings outlook at $7.70 to $8.10 per share. These projections reflect the company’s guidance issued in July, while any update will depend on what it reports with its third-quarter results.
In the U.S. industrial demand context, the U.S. Census Bureau reported that durable goods orders rose 1.8% month over month in September to $345.4 billion, following a revised 0.1% increase in August. Orders excluding transportation equipment rose 0.5%, while orders excluding defense equipment increased 2.2%, according to the bureau’s data. Transportation equipment led the increase, with orders rising 4.6% to $119.8 billion. These figures provide context on U.S. industrial demand, but do not establish a direct link to PPG’s business or results. The next advance report on orders is scheduled for November 25, 2026.
PPG operates in more than 50 countries and reported net sales of $15.9 billion in 2025, according to its Investor Center. The company’s stock closed at $109.90 on October 26, according to EL7 data. That price came ahead of the results date set for the following day and, on its own, does not indicate how the market will respond to figures that had not yet been announced. The company is scheduled to report results after the market closes on October 27, then discuss them on an investor call on the morning of October 28. The next durable goods orders report in November will be a later checkpoint for U.S. industrial activity data.