PPG Industries (PPG) reported fiscal Q1 adjusted earnings late Wednesday of $1.83 per diluted share, up from $1.72 a year earlier.
Analysts polled by FactSet expected $1.70.
The company expects both Q2 organic sales and adjusted EPS to show flat to low single-digit percentage growth.
Separately, the company said it had also started implementing price increases across its paints, coatings, and specialty products portfolio by up to 20% on a customer-by-customer basis to offset inflation in energy and raw materials costs.
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