{"schema_version":"secwatch.filing_event.v1","accession":"0000079879-24-000094","form_type":"8-K","ticker":"PPG","cik":"0000079879","company_name":"PPG INDUSTRIES INC","filed_at":"2024-04-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:22.005434+00:00","generated_at":"2026-06-03T21:18:44.464654+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"PPG Q1 2024 adjusted EPS $1.86, net sales $4.31B; guides FY adj EPS $8.34-$8.59","bullets":["GAAP EPS $1.69 (record), adjusted EPS $1.86; net income $400M up 52% YoY.","Net sales $4.31B down 2% YoY; organic sales down 2% (1% excl prior year large customer load-in).","Segment margins improved 60 bps to 15.4% Performance Coatings and 14.7% Industrial Coatings.","Share repurchases of ~$150M in Q1; net debt $5.0B down $0.8B YoY.","Q2 adj EPS guidance $2.42-$2.52; FY adj EPS $8.34-$8.59; organic sales growth low single digits."],"urls":{"canonical":"https://secwatch.observer/filing/0000079879-24-000094","json":"https://secwatch.observer/filing/0000079879-24-000094.json","markdown":"https://secwatch.observer/filing/0000079879-24-000094.md","text":"https://secwatch.observer/filing/0000079879-24-000094.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/79879/000007987924000094/0000079879-24-000094-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/79879/000007987924000094/ppg-20240418.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T21:18:44.464654+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":"222aac4f3db11e7a4bfa18ae43fb50cf53b2a7ba","claim":"PPG INDUSTRIES INC reported first quarter 2024 results: revenue $4,311, net income $400, EPS $1.69.","evidence_excerpt":"– PPG (NYSE:PPG) today reported financial results for the first quarter 2024. First Quarter Consolidated Results $ in millions, except EPS 1Q 2024 1Q 2023 YOY change Net sales $4,311 $4,380 (2)% Net income $400 $264 +52% Adjusted net income (a) $441 $432 +2% EPS $1.69 $1.11 +52% Adjusted EPS (a) $1.86 $1.82 +2% (a) Reconciliations of reported to adjusted","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/79879/000007987924000094/0000079879-24-000094-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter 2024"},{"label":"Revenue","value":"$4,311"},{"label":"Net income","value":"$400"},{"label":"EPS","value":"$1.69"},{"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"}