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Axalta has been outperforming analyst estimates for quite some time. I believe the company is on the right track, and it should continue to show good performance going forward. AXTA is in progress to achieving all its growth targets that it laid down on its 2024 strategy day within 2025, which were initially planned to achieve in 2026. While topline growth was weak due to end market weakness, I believe there is potential for the company to surprise on the upside regarding revenue once the end market.
AXTA gains on the contribution from the CoverFlexx acquisition amid currency headwinds in Q4.
Axalta Coating Systems Ltd. (NYSE:AXTA ) Q4 2024 Earnings Conference Call February 4, 2025 8:00 AM ET Company Participants Chris Villavarayan - Chief Executive Officer, President Carl Anderson - Chief Financial Officer Colleen Lubic - Vice President of Investor Relations Conference Call Participants Mike Leithead - Barclays Chris Parkinson - Wolf Research John McNulty - BMO Capital Markets Mike Sison - Wells Fargo Vincent Andrews - Morgan Stanley John Roberts - Mizuho Duffy Fischer - Goldman Sachs Ghansham Panjabi - Baird Aleksey Yefremov - KeyBanc Capital Markets Mike Harrison - Seaport Research Partners Jeff Ziolkowski - JP Morgan Rock Hoffman - Bank of America Operator Ladies and gentlemen, thank you for standing by.
Although the revenue and EPS for Axalta Coating Systems (AXTA) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Axalta Coating Systems (AXTA) came out with quarterly earnings of $0.60 per share, beating the Zacks Consensus Estimate of $0.51 per share. This compares to earnings of $0.43 per share a year ago.
PHILADELPHIA, Feb. 04, 2025 (GLOBE NEWSWIRE) -- Axalta Coating Systems Ltd. (NYSE:AXTA) (“Axalta”), a leading global coatings company, announced its financial results for the fourth quarter and full year ended December 31, 2024.
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.
Axalta Coating Systems (AXTA) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
AXTA enters into a strategic partnership with Durr Systems AG to introduce overspray-free applications in the market.
PHILADELPHIA, Jan. 23, 2025 (GLOBE NEWSWIRE) -- Axalta Coating Systems Ltd. (NYSE: AXTA) (“Axalta” or the “Company”), a leading global coatings company, today announced that Tim Bowes has been appointed President, Global Industrial Coatings, effective January 27, 2025. Mr. Bowes will succeed Shelley Bausch who will be stepping down from her role.