IHS Chemical Week

Chemical Week Magazine :: Business & Finance :: United States/Americas

Early Earnings Are Mixed; Weak End Markets to Drag Down Profits

1:59 PM MDT | July 25, 2007 | Kerri Walsh

PPG Industries reported first-quarter net income down about 4%, to $199 million ($1.20/share), excluding a $5-million charge (3 cts/share) related to an asbestos settlement, on sales up 11%, to $2.9 billion. Earnings include a 10-cts/share tax benefit. The consensus of analysts’ estimates as reported by First Call (Boston) was for $1.08/share, excluding the charge and tax benefit. Year-ago results exclude charges of $23 million for an asbestos settlement and restructuring. “Our global presence has and will continue to help us benefit from worldwide economic...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers




contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa