AXTA Stock Recent News

While the top- and bottom-line numbers for Axalta Coating Systems (AXTA) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Axalta Coating Systems Ltd. (NYSE:AXTA ) Q1 2024 Earnings Conference Call May 1, 2024 8:00 AM ET Company Participants Chris Evans - Vice President of Investor Relations Chris Villavarayan - President & Chief Executive Officer Carl Anderson - Chief Financial Officer Conference Call Participants David Huang - Deutsche Bank Harris Fein - Wolfe Capital Aleksey Yefremov - KeyBanc Capital Markets Matthew Krueger - Baird Mike Harrison - Seaport Research Rock Hoffman - Bank of America Michael Sison - Wells Fargo John Roberts - Mizuho Kevin McCarthy - Vertical Research Partners Jeff Zekauskas - JPMorgan Operator Ladies and gentlemen, thank you for standing by.

Axalta Coating Systems (AXTA) came out with quarterly earnings of $0.48 per share, beating the Zacks Consensus Estimate of $0.40 per share. This compares to earnings of $0.35 per share a year ago.

Axalta Coating Systems (AXTA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

PHILADELPHIA, April 02, 2024 (GLOBE NEWSWIRE) -- Axalta Coating Systems (NYSE: AXTA), a leading global coatings company, will release its first-quarter 2024 financial results at 6 a.m. ET on Wednesday, May 1. The release and supporting materials will be posted to Axalta's Investor Relations site.

AXTA's past financials have demonstrated strong revenue recovery from the impact of COVID-19. In addition, margins have remained robust. AXTA continued to show strong revenue growth in 2023, with expanding margins compared to the previous year. The refinish segment, which forms the largest share of revenue, is expected to remain robust, supported by the increasing number of cars and body shop wins.

Axalta (AXTA) benefits from higher price and mix as well as improved volumes in the fourth quarter.

Axalta Coating Systems Ltd. (AXTA) Q4 2023 Earnings Call Transcript

While the top- and bottom-line numbers for Axalta Coating Systems (AXTA) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Axalta Coating Systems (AXTA) came out with quarterly earnings of $0.43 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.38 per share a year ago.