{"schema_version":"secwatch.filing_event.v1","accession":"0000079879-23-000023","form_type":"8-K","ticker":"PPG","cik":"0000079879","company_name":"PPG INDUSTRIES INC","filed_at":"2023-04-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.260823+00:00","generated_at":"2026-06-16T23:06:32.475423+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"PPG Q1 adjusted EPS $1.82 beats prior year by 33%; record sales $4.38B","bullets":["Adjusted EPS $1.82 vs $1.37 YoY (+33%); reported EPS $1.11.","Record net sales $4.38B (+2% YoY); organic sales +5% on 8% higher selling prices.","Performance Coatings segment income $395M (+24%); Industrial Coatings $240M (+71%).","Operating margins up 380 bps YoY; operating cash flow improved ~$400M.","Full-year 2023 adjusted EPS guidance $6.95-$7.25; Q2 adjusted EPS $2.05-$2.15."],"urls":{"canonical":"https://secwatch.observer/filing/0000079879-23-000023","json":"https://secwatch.observer/filing/0000079879-23-000023.json","markdown":"https://secwatch.observer/filing/0000079879-23-000023.md","text":"https://secwatch.observer/filing/0000079879-23-000023.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/79879/000007987923000023/0000079879-23-000023-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/79879/000007987923000023/ppg-20230420.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T23:06:32.475423+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":[{"claim_id":"f6373b17c61e240abd1e0db22701e6ba7ac13ec1","claim":"PPG INDUSTRIES INC reported first quarter 2023 results: revenue $4,380, net income $264, EPS $1.11.","evidence_excerpt":"PPG (NYSE:PPG) today reported financial results for the first quarter 2023. First Quarter Consolidated Results $ in millions, except EPS 1Q 2023 1Q 2022 Y-O-Y change Net sales* $4,380 $4,308 +2% Net income $264 $18 +1,367% Adjusted net income** $432 $327 +32% EPS $1.11 $0.08 +1,288% Adjusted EPS** $1.82 $1.37 +33%","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/79879/000007987923000023/0000079879-23-000023-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter 2023"},{"label":"Revenue","value":"$4,380"},{"label":"Net income","value":"$264"},{"label":"EPS","value":"$1.11"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}