WASHINGTON (dpa-AFX) - PPG Industries Inc. (PPG) released earnings for
fourth quarter that decreased from the same period last year but beat the
Street estimates.

The company's earnings totaled $90 million, or $0.38 per share. This compares
with $238 million, or $1.01 per share, in last year's fourth quarter.

Excluding items, PPG Industries Inc. reported adjusted earnings of $363 million
or $1.53 per share for the period.

Analysts on average had expected the company to earn $1.50 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 3.8% to $4.35 billion from $4.19
billion last year.

PPG Industries Inc. earnings at a glance (GAAP) :

-Earnings (Q4): $90 Mln. vs. $238 Mln. last year.
-EPS (Q4): $0.38 vs. $1.01 last year.
-Analyst Estimates: $1.50
-Revenue (Q4): $4.35 Bln vs. $4.19 Bln last year.

-Guidance:
Next quarter EPS guidance: $1.80 - $1.87


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