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Axalta maintains a growing top line, despite today's challenging operating environment. Additionally, it maintains a strong global presence despite its cost-saving initiatives.
The latest ICONICA collection launched by Axalta (AXTA) addresses changing performance, sustainability and design requirements of the global architecture and design community.
Axalta reported good fourth quarter results, with strong double-digit price growth and share gains in the light vehicle OEM business, as well as margin improvements. The company has seen some relief on input costs, but many inputs are still stubbornly high; pricing has started to cut more meaningfully into the price/cost deficit.
Strong pricing gains across all end-markets and higher volumes drive Axalta's (AXTA) performance in Q4.
Axalta Coating Systems Ltd. (NYSE:AXTA ) Q4 2022 Earnings Conference Call January 26, 2023 9:00 AM ET Company Participants Chris Evans - Vice President, Investor Relations Rakesh Sachdev - Non-Executive Board Chair Chris Villavarayan - Chief Executive Officer and President Sean Lannon - Chief Financial Officer Conference Call Participants Christopher Parkinson - Mizuho Securities John McNulty - BMO Capital Markets Ghansham Panjabi - Robert W.
Axalta Coating Systems (AXTA) delivered earnings and revenue surprises of 5.56% and 1.65%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
Axalta Coating Systems is a workhorse basic company in a necessary industry for finished manufactured goods. Institutions own nearly all the stock. The share price is down, awaiting news next week about fourth-quarter revenue and earnings.
GLEN MILLS, Pa., Jan. 10, 2023 (GLOBE NEWSWIRE) -- Axalta Coating Systems (NYSE: AXTA), a leading global coatings company, will release its fourth-quarter and full-year 2022 financial results after the close of trading on Wednesday, January 25. The release and supporting materials will be posted to the Investor Relations portion of axalta.com.
Axalta Coating Systems Ltd deserves a moderately bullish rating. Rumors stir that other companies want to buy it. Strong liquidity, good cash flow, and higher Q3 revenue reported in October moved the shares up this month by about 11%.
The S&P 500 saw the earnings per share of its member companies increase by an average of 14.55% every year over the past five years ending in the first quarter of 2022. The index, which stood at 3,790.93 as of Tuesday, has climbed more than 48% over the past five years.