{"schema_version":"secwatch.filing_event.v1","accession":"0000079879-23-000060","form_type":"8-K","ticker":"PPG","cik":"0000079879","company_name":"PPG INDUSTRIES INC","filed_at":"2023-10-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.030420+00:00","generated_at":"2026-06-09T22:13:38.733138+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 beats Q3: record $4.6B sales, adj EPS $2.07; raises FY guidance","bullets":["Q3 net sales $4.644B (+4% YoY), adj EPS $2.07 (+25% YoY), both records.","Segment margin up 260 bps YoY, fourth consecutive quarter of improvement.","YTD operating cash flow >$1.5B, up >$1.1B vs prior year.","FY2023 adj EPS guidance raised to $7.58-7.64; Q4 adj EPS guided $1.44-1.50.","Performance Coatings income +25% ($452M); Industrial Coatings +28% ($246M)."],"urls":{"canonical":"https://secwatch.observer/filing/0000079879-23-000060","json":"https://secwatch.observer/filing/0000079879-23-000060.json","markdown":"https://secwatch.observer/filing/0000079879-23-000060.md","text":"https://secwatch.observer/filing/0000079879-23-000060.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/79879/000007987923000060/0000079879-23-000060-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/79879/000007987923000060/ppg-20231018.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T22:13:38.733138+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":"2e9ab6658c411ef8790a666632523b7e2290b8e1","claim":"PPG INDUSTRIES INC updated its full-year guidance (raised).","evidence_excerpt":"PPG reports third quarter financial results; raises full-year EPS guidance","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/79879/000007987923000060/0000079879-23-000060-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"full-year"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"3942308b20a15c7db6d34915ad08f57e5adc7d6d","claim":"PPG INDUSTRIES INC reported third quarter 2023 results: revenue $4,644, net income $426, EPS $1.79. Guidance raised.","evidence_excerpt":"– PPG (NYSE:PPG) today reported financial results for the third quarter 2023. Third Quarter Consolidated Results $ in millions, except EPS 3Q 2023 3Q 2022 Y-O-Y change Net sales $4,644 $4,468 +4% Net income $426 $329 +29% Adjusted net income (a) $493 $393 +25% EPS $1.79 $1.39 +29% Adjusted EPS (a) $2.07 $1.66 +25% (a) Reconciliations of reported to adjusted","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/79879/000007987923000060/0000079879-23-000060-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter 2023"},{"label":"Revenue","value":"$4,644"},{"label":"Net income","value":"$426"},{"label":"EPS","value":"$1.79"},{"label":"Guidance","value":"raised"},{"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"}