AXTA Stock Recent News

AXTA shares climb on strong second-quarter results and upwardly revised earnings estimates.

Innovation helps customers improve productivity, optimize labor, and reduce waste while delivering accurate color matches Innovation helps customers improve productivity, optimize labor, and reduce waste while delivering accurate color matches

Axalta produced healthy Q2 results with 5% organic revenue growth and 28% adjusted EBITDA growth and raised FY'24 margin and FCF guidance. Axalta notably outperformed rivals like PPG and showed impressive volume growth across a range of end markets that have seen weakening trends. Maintaining this pace of volume outgrowth will be challenging, but management has multiple avenues of growth to pursue, including R&D-driven product introductions, operational efficiency, and improved go-to-market.

Axalta Coating Systems Ltd. (NYSE:AXTA ) Q2 2024 Earnings Call August 1, 2024 8:00 AM ET Company Participants Colleen Lubic - Vice President, Investor Relations Chris Villavarayan - President and Chief Executive Officer Carl Anderson - Senior Vice President and Chief Financial Officer Conference Call Participants Aleksey Yefremov - KeyBanc Capital Markets John McNulty - BMO Capital Markets Chris Parkinson - Wolfe Research Mike Leithead - Barclays Matt Krueger - Baird Steve Haynes - Morgan Stanley Josh Spector - UBS Mike Harrison - Seaport Research Partners Rock Hoffman - Bank of America Edlain Rodriguez - Mizuho Securities Matthew Hettwer - Vertical Research Partners Mike Sison - Wells Fargo Operator Ladies and gentlemen, thank you for standing by.

The headline numbers for Axalta Coating Systems (AXTA) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Axalta Coating Systems (AXTA) came out with quarterly earnings of $0.57 per share, beating the Zacks Consensus Estimate of $0.51 per share. This compares to earnings of $0.35 per share a year ago.

PHILADELPHIA, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Axalta Coating Systems Ltd. (NYSE: AXTA) (“Axalta”), a leading global coatings company, announced its financial results for the second quarter ended June 30, 2024.

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Axalta Coating Systems (AXTA), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended June 2024.

Axalta Coating Systems (AXTA) possesses 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 (AXTA) shares move up on the back of strong first-quarter results, strategic acquisitions and an optimistic earnings outlook for 2024.