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Kinder Morgan misses fourth-quarter profit estimates

Pipeline and terminal operator Kinder Morgan on Wednesday posted a lower-than-expected profit for the fourth quarter, as higher interest expenses and weakness in the natural gas pipeline segment hurt margins during the period.

Coatings maker PPG Industries beats fourth-quarter profit estimates

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.

Coatings maker PPG Industries beats fourth-quarter profit estimates

PPG Industries beat Wall Street estimates for fourth-quarter profit on Thursday, as the industrial coatings maker benefited from increased sales of vehicles as well as strength in its aerospace.

Coatings maker PPG Industries beats fourth-quarter profit estimates

Coatings maker PPG Industries beats fourth-quarter profit estimates
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Kinder Morgan misses fourth-quarter profit estimates

Pipeline and terminal operator Kinder Morgan on Wednesday posted a lower-than-expected profit for the fourth quarter, as higher interest expenses and weakness in the natural gas pipeline segment hurt.

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