PITTSBURGH (AP) _ PPG Industries Inc. (PPG) on Wednesday reported third-quarter net income of $329 million.

On a per-share basis, the Pittsburgh-based company said it had net income of $1.39. Earnings, adjusted for restructuring costs and costs related to mergers and acquisitions, came to $1.66 per share.

The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.67 per share.

The paint and coatings maker posted revenue of $4.47 billion in the period, which topped Street forecasts. Five analysts surveyed by Zacks expected $4.46 billion.

For the current quarter ending in December, PPG Industries expects its per-share earnings to range from $1.05 to $1.20. Analysts surveyed by Zacks had forecast adjusted earnings per share of $1.33.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PPG at https://www.zacks.com/ap/PPG

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