PPG Industries (NYSE: PPG) reported earnings on Jan. 14. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended Dec. 31 (Q4), PPG Industries beat slightly on revenues and met expectations on earnings per share.

Compared to the prior-year quarter, revenue grew and GAAP earnings per share expanded.

Margins grew across the board.

Revenue details
 PPG Industries booked revenue of $3.65 billion. The 14 analysts polled by S&P Capital IQ anticipated net sales of $3.59 billion on the same basis. GAAP reported sales were 3.7% higher than the prior-year quarter's $3.52 billion.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
 EPS came in at $1.53. The 20 earnings estimates compiled by S&P Capital IQ averaged $1.53 per share. GAAP EPS of $1.46 for Q4 were 5.8% higher than the prior-year quarter's $1.38 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
 For the quarter, gross margin was 39.7%, 180 basis points better than the prior-year quarter. Operating margin was 10.0%, 120 basis points better than the prior-year quarter. Net margin was 6.2%, 10 basis points better than the prior-year quarter.

Looking ahead
 Next quarter's average estimate for revenue is $3.48 billion. On the bottom line, the average EPS estimate is $1.69.

Next year's average estimate for revenue is $14.81 billion. The average EPS estimate is $7.77.

Investor sentiment
 The stock has a four-star rating (out of five) at Motley Fool CAPS, with 362 members out of 391 rating the stock outperform, and 29 members rating it underperform. Among 127 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 122 give PPG Industries a green thumbs-up, and five give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on PPG Industries is outperform, with an average price target of $137.35.

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