PPG Industries Stock Performance Lags Behind Market and Sector Benchmarks
Over the past 52 weeks, PPG Industries (PPG) has underperformed both the S&P 500 Index ($SPX) and its sector benchmark ETF XLB. Despite reporting strong Q1 earnings with a beat on adjusted EPS of $1.83 (+6%) driven by higher selling prices and favorable foreign currency impacts, shares fell slightly following the April 28 report.