---
schema_version: "secwatch.filing_event.v1"
accession: "0000079879-23-000016"
form_type: "8-K"
ticker: "PPG"
cik: "0000079879"
company_name: "PPG INDUSTRIES INC"
filed_at: "2023-04-03T23:59:59+00:00"
generated_at: "2026-06-17T07:25:49.118504+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# PPG raises Q1 2023 adjusted EPS guidance to $1.52-$1.58 from prior $1.10-$1.20

## Summary
- Adjusted EPS expected $1.52-$1.58, well above prior guidance of $1.10-$1.20.
- Stronger sales in aerospace and automotive OEM coatings drove volume recovery.
- PPG Comex and U.S. architectural coatings also beat expectations with new customer win.
- March 2023 pension settlement charge of ~$191M ($0.61/share) excluded from adjusted EPS.
- Full Q1 results and FY2023 guidance to be released on April 20 after market close.

## SEC filing metadata
- accession: 0000079879-23-000016
- form_type: 8-K
- ticker: PPG
- cik: 0000079879
- company_name: PPG INDUSTRIES INC
- filed_at: 2023-04-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/79879/000007987923000016/0000079879-23-000016-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/79879/000007987923000016/ppg-20230403.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000079879-23-000016
- JSON: https://secwatch.observer/filing/0000079879-23-000016.json
- Plain text: https://secwatch.observer/filing/0000079879-23-000016.txt

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