What move does the options market price into PPG Industries's report?

Implied ±9.9%, either direction · provisional.

How often does PPG Industries move more than the options market prices?

7 of the last 8 reports moved at least as far as the implied move.

PPGNYSEPaints, Varnishes, Lacquers, Enamels & Allied Prods

PPG Industries Inc (PPG) earnings date, market-implied expected move, and options open interest by expiry

119.53

−0.47 · −0.40%

post 119.51 −0.01%

Closed16:00 ET

Open120.02Volume2.0MMkt cap$26.4BDiv yield2.40%

Day118.85 – 120.4342%52-wk91.35 – 130.9971%

PPG

PPG Industries Inc

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±9.9%implied · straddle

107.70131.34

spot 119.52exp Feb 19ATM strike 120ATM straddle 13.90IV 27%

Oct 30 closeprovisional

Expected move

Inputs

Next report

Jan 26

after close · in 86 days

est.Q4 FY26

Calendar

Next report

Last report

+4.41%

vs ±3.9% implied · ×1.13

shaded = implied · ▲▼ = realized

Oct 27 '26 · confirmed

Implied vs realized

Linked news

3dOLED · customerUniversal Display posts net income $78,946 thousand, diluted EPS $1.72; revenue $160,432 thousand

News

Largest filed tie

13F top-10 QoQ

−0.17%

shares held · 10 largest managers

13F · Jun 30 '26124d lag

1,100 managers

Top fund weight

3.62%

PPG weight · XLB

N-PORTJun 30 '26

11 funds

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

PPG Industries (PPG) is expected to report on Jan 26 after close (estimated date).

Implied vs realized

8 reports

7 of 8≥ implied

avg implied: ±3.6%
avg realized: ±4.6%

Apr 29 '25Apr 29 '25confirmed±3.1%▲+4.86%×1.57

Jul 29 '25Jul 29 '25confirmed±4.7%▼−5.33%×1.13

Oct 28 '25Oct 28 '25confirmed±3.9%▼−5.87%×1.50

Jan 27 '26Jan 27 '26confirmed±3.1%▲+3.34%×1.08

Q1 FY26Apr 15 '26confirmed±2.9%▲+4.12%×1.43

Apr 28 '26Apr 28 '26confirmed±4.5%▼−2.78%×0.62

Q2 FY26Jul 28 '26confirmed±3.0%▼−6.03%×2.00

Q3 FY26Oct 27 '26confirmed±3.9%▲+4.41%×1.13

quarterimplied−10%0+10%realized×

Q3 FY26±3.9%▲+4.41%×1.13

Q2 FY26±3.0%

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Implied vs realized

Positioning

OI · 8 expiries · Oct 27 close

0.65OI · 8 expiries · Oct 27 closeP/C open interest · Feb 19 · first expiry after the report

PUTS · chgexpiry · days · P/CCALLS · chgP/C

4 nearer expiries

56−3%Nov 65d0.15366−1%0.15

54+2%Nov 1312d0.134320%0.13

683+14%Nov 2019d0.431,606+3%0.43

3+50%Nov 2726d0.0935+3%0.09

984+6%Dec 1847d0.382,6120%0.38

1,0210%Jan 1575d0.254,0670%0.25

report · Jan 26 · after close · est.

ExpiryPutsCallsP/C

4 nearer expiries

Nov 65d56−3%366−1%0.15

Nov 1312d54+2%4320%0.13

Nov 2019d683+14%1,606

Hatched = puts · solid = calls · bars scaled per expiry · chg = OI vs prior sessionSource: options EOD

Positioning

Linked exposure

scenario · straddle±9.9%

Funds 4

XLB±0.4%

REVS±0.0%

RSP±0.0%

VIG±0.0%

Dashed = straddleMethod 2 more funds Source: SEC filings · N-PORT · market data

Linked exposure

Revenue flow

as filedQ3 FY26

10.48%as filednet margin · revenue −3.16% QoQ · +6.64% YoY

Revenue

$4.4B−3.16% QoQ

Gross profit

$1.8B−2.43% QoQ

40.52% margin

Operating income

$653M+9.20% QoQ

15.00% margin

Pre-tax income

$631M+10.90% QoQ

Net income

$456M+3.64% QoQ

10.48% margin

Cost of revenue

$2.6B−3.65% QoQ

Operating expenses

$1.1B−8.18% QoQ

SG&A $876M

Depreciation $108M

R&D $106M

Other operating $21M

Other expense

$22M

Tax

$153M+20.47% QoQ

Revenue$4.4B−3.16%

Gross profit

$1.8B−2.43%

40.52% margin

Operating income

$653M+9.20%

15.00% margin

Pre-tax income

$631M+10.90%

Net income

$456M+3.64%

10.48% margin

Cost of revenue

$2.6B−3.65%

Operating expenses

$1.1B−8.18%

SG&A $876M

Depreciation $108M

R&D $106M

Other expense

$22M

Tax$153M+20.47%

flow · deduction · signed % = QoQSource: SEC filings · standardized · QE Sep 30 '26 · width = $

Revenue flow

Intraday

15m bars

Long dash = implied range · Oct 30 close · Hatch = extended hours · ▯ up · ▮ down · bars = volume, 15mSource: market data · 16:00 ET

Intraday

Event sensitivity

FOMC ×1.41· ±1.7% vs ±1.2% · 24 releases

eventrelease day|move|up · n×base

FOMCrate decision±1.7%10 of 24×1.41

NFPjobs report±1.7%8 of 10×1.40

GDPgross domestic product±1.6%11 of 19×1.36

PCEpersonal income & outlays±1.4%11 of 19×1.15

PPIproducer prices±1.3%5 of 10×1.11

CPROFcorporate profits±1.1%5 of 12×0.88

CPIconsumer prices±1.0%3 of 10×0.87

Bar = avg |move| to ±2% · tick = ±1.2% avg day · ×base = |move| ÷ ±1.2% · min 6 releases

Earnings history

EPS 2.02 · consensus —

Quarter	Reported	EPS	Consensus
Q3 FY26	Oct 27 '26 · confirmed	2.02	—
Q2 FY26	Jul 28 '26 · confirmed	1.95	—
Q1 FY26	Apr 15 '26 · confirmed	1.70	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod