PPG Earnings Predictions — 2026-07-28

Ticker Report or Guide KPI Prediction Answer Confidence
PPG Report Adjusted EPS (Q2 2026) MISS pred ~$2.19 vs. cons $2.25 MEDIUM
PPG Report Total Revenue (Q2 2026) IN-LINE pred ~$4.32B vs. cons $4.36B MEDIUM
PPG Report Industrial Coatings segment EBITDA margin MISS pred ~17.3% vs. cons 18.0% MEDIUM
PPG Guide FY2026 Adjusted EPS guidance UNCHANGED guide ~$7.70-$8.10 (reaffirmed, midpoint ~$7.90) vs. cons $7.90 (FY2026) MEDIUM
PPG Guide Q3 2026 organic sales growth guidance UNCHANGED guide ~1-2% vs. cons ~2% (Q3 2026) LOW
PPG Guide H2 2026 raw material/COGS inflation commentary LOWER guide ~mid-single-digit (5%) COGS increase vs. cons ~3-4% embedded (H2 2026) MEDIUM
PPG Return Day-1 residual (stock − beta × S&P 500) -1.8% MEDIUM
PPG Return 5-day cumulative residual -2.7% (FADE) Stock has already re-rated ~12% into the print on Buy ratings and rising price targets, raising the bar for a clean beat-and-raise. With EPS likely landing at or slightly below the low end of the tight $2.20-$2.32 consensus range due to Iran-driven mid-single-digit raw material/logistics cost inflation outrunning price realization in the near term, and full-year guidance merely reaffirmed (not raised) given H1 run-rate tracking to the low end of $7.70-$8.10, sell-side models will likely trim H2 estimates (implicit cuts to Industrial Coatings margin recovery timing and refinish snapback magnitude) even if headline Q2 numbers look adequate. This sets up an initial negative-to-flat reaction that fades further over the week as analysts digest the cost/price lag and reduce out-quarter numbers, consistent with a FADE pattern rather than follow-through. MEDIUM