Q3 Earnings Outlook For PPG Industries

Don't be caught off-guard: PPG Industries PPG releases its next round of earnings this Thursday, Oct. 18.

Want to skip the homework and get all the facts in one place? We thought so. Here is your everything-that-matters guide for Thursday's Q3 earnings announcement before the bell.

Earnings and Revenue

Wall Street expects EPS of $1.60 and sales around $3.88 billion.

PPG Industries reported a profit of $1.57 when it published results during the same quarter last year. Sales in that period totaled $3.78 billion. If the company were to report inline earnings when it publishes results Thursday, earnings would be up 1.91 percent. Revenue would be up 2.75 percent from the year-ago period. Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Stock Performance

Over the last 52-week period, shares are down 13.5 percent. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release. Analyst estimates are adjusted higher for EPS and revenues over the past 90 days. The popular rating by analysts on PPG Industries stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.

Conference Call

Don't be surprised to see the stock move on comments made during its conference call. PPG Industries's Q3 conference call is scheduled to begin at 2:00 p.m. ET and can be accessed here: http://dpregister.com/DiamondPassRegistration/register?linkSecurityString=78449&confirmationNumber=10124409