---
schema_version: "secwatch.filing_event.v1"
accession: "0000079879-22-000067"
form_type: "8-K"
ticker: "PPG"
cik: "0000079879"
company_name: "PPG INDUSTRIES INC"
filed_at: "2022-10-11T23:59:59+00:00"
generated_at: "2026-06-23T04:35:18.501412+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# PPG pre-announces Q3 adjusted EPS 5-7% below prior guidance of $1.75-$2.00

## Summary
- Adjusted EPS for Q3 2022 expected 5-7% below low end of $1.75-$2.00 range previously communicated in July.
- Sales volumes declined due to softening demand in Europe and lower-than-expected China recovery from pandemic restrictions.
- Volume declines were most pronounced in September, reducing benefit from higher selling prices and manufacturing efficiencies.
- Raw material cost inflation remains elevated but has begun to moderate in some regions.
- Q4 2022 outlook: selling prices up 10-12% YoY, segment earnings growth near 20% YoY; Q3 results on October 19.

## SEC filing metadata
- accession: 0000079879-22-000067
- form_type: 8-K
- ticker: PPG
- cik: 0000079879
- company_name: PPG INDUSTRIES INC
- filed_at: 2022-10-11T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/79879/000007987922000067/0000079879-22-000067-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/79879/000007987922000067/ppg-20221010.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000079879-22-000067
- JSON: https://secwatch.observer/filing/0000079879-22-000067.json
- Plain text: https://secwatch.observer/filing/0000079879-22-000067.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.