Ppg provides third quarter financial results update; reports soft demand conditions in europe and china expected to continue into fourth quarter

Pittsburgh--(business wire)--ppg (nyse:ppg) today announced that it expects third quarter 2022 adjusted earnings per diluted share to be between 5% and 7% below the low end of the company's forecasted range of $1.75 to $2.00 that was previously communicated in july. in comparison to its forecast at the beginning of the third quarter, company sales were impacted by further softening demand in europe. in addition, sequential quarterly demand recovery was lower than expected in china due to a resu
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