The Pittsburgh, Pennsylvania-based firm reported an adjusted profit of $1.53 per share for the quarter ended Dec. 31, compared with the average analyst estimate of $1.50, according to LSEG data. PPG also forecast adjusted profit to be in the range of $8.34 to $8.59 per share for 2024, higher than the $7.67 reported for 2023. Net sales in PPG's industrial coatings segment rose to $1.74 billion in the quarter from $1.70 billion a year earlier, helped by higher selling prices and sales volumes in the automotive OEM segment, along with strong performance in the Asia-Pacific region and Mexico.