{"schema_version":"secwatch.filing_event.v1","accession":"0000079879-22-000075","form_type":"8-K","ticker":"PPG","cik":"0000079879","company_name":"PPG INDUSTRIES INC","filed_at":"2022-10-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:53.593810+00:00","generated_at":"2026-06-23T02:48:35.694281+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"PPG Q3 2022: Record sales $4.5B, but EPS misses; guides Q4 adjusted EPS $1.05-$1.20","bullets":["Record Q3 net sales $4.468B (+2% reported, +8% constant currency); organic sales +9% driven by 12% higher selling prices.","Reported EPS $1.39, adjusted EPS $1.66 (down 2% YoY); raw material cost inflation ~40% on two-year stack.","Performance Coatings segment income fell 11% to $362M; Industrial Coatings income rose 37% to $192M on higher prices and volumes.","Q4 outlook: reported EPS $0.90-$1.05, adjusted EPS $1.05-$1.20; expects improving year-over-year segment margins in Q4 and 2023.","New restructuring program targeting $70M annualized savings; aerospace and auto refinish order backlogs total ~$200 million."],"urls":{"canonical":"https://secwatch.observer/filing/0000079879-22-000075","json":"https://secwatch.observer/filing/0000079879-22-000075.json","markdown":"https://secwatch.observer/filing/0000079879-22-000075.md","text":"https://secwatch.observer/filing/0000079879-22-000075.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/79879/000007987922000075/0000079879-22-000075-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/79879/000007987922000075/ppg-20221019.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-23T02:48:35.694281+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}