PPG jumps nearly 5% after preliminary Q1 2026 earnings beat and upbeat outlook
PPG Industries shares are up about 5% after the company said first-quarter 2026 results will exceed prior guidance, with adjusted EPS of $1.83. PPG also flagged strength in aerospace and Latin America architectural coatings and guided for Q2 organic sales and adjusted EPS to be flat to low-single-digit growth year over year.
1) What’s moving the stock
PPG (PPG) is rising today after issuing a positive preannouncement for first-quarter 2026 results, saying performance will exceed its previous guidance. The company put preliminary earnings per diluted share at $1.70 and adjusted EPS at $1.83, up 6% versus the year-ago quarter, and set expectations for second-quarter organic sales and adjusted EPS to be in the range of flat to low-single-digit percentage growth compared with the prior year period.
2) What improved inside the business
PPG attributed the outperformance to strength in its aerospace and Latin America architectural coatings businesses and the impact of ongoing self-help actions that lifted profitability beyond original expectations. The company also highlighted positive selling prices alongside flat sales volumes, supporting the view that pricing and mix are helping offset a choppy demand backdrop.
3) What comes next—and the key dates
PPG is scheduled to publish its full first-quarter 2026 results after U.S. markets close on April 28, 2026, followed by an earnings call on April 29, 2026 at 8:00 a.m. ET. With the stock reacting to a guidance-beating preliminary update, investors will be focused on whether the April 28 release includes a stronger full-year trajectory, further margin commentary, and additional detail on demand trends across aerospace, industrial, and regional architectural coatings.