For those looking to find strong Basic Materials stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Axalta Coating Systems (AXTA) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.Axalta Coating Systems is one of 236 individual stocks in the Basic Materials sector. Collectively, these companies sit at #15 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average ...

PHILADELPHIA, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Axalta (NYSE: AXTA), a leading global coatings company, today announced the launch of Axalta Nimbus, its global customer experience platform for refinish customers. This technology seamlessly connects customers to all of Axalta’s tools and resources to improve efficiency, enhance productivity, boost performance, and maximize profitability. Axalta Nimbus provides a cohesive, end-to-end experience for customers around the globe. With Axalta Nimbus, customers ha ...

Axalta Coating Systems Ltd.’s (AXTA) shares have gained 10.7% in the past six months. AXTA has also outperformed the industry’s decline of 21.3%.Image Source: Zacks Investment ResearchLet’s look at the factors driving the stock’s price appreciation.What’s Driving Axalta Coating?In the second quarter, Axalta Coating Systems delivered strong results, showcasing a 63% year-over-year rise in adjusted earnings. Quarterly sales went up 4.4%, reaching $1.35 billion. Adjusted EBITDA saw a significant increase, clim ...

PHILADELPHIA, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Axalta (NYSE: AXTA), a leading global coatings company, today announced the launch of Axalta Irus Scan, its latest spectrophotometer for refinish customers. This new technology scientifically measures paint color on a vehicle to provide accurate color matches in waterborne and solventborne basecoat technologies. Axalta Irus Scan now joins the simple, three-step Axalta Irus digital color management process as the first step of: Scan – Match – Mix. Axalta Irus ...

Group4 Studio/E+ via Getty Images The last 18 months offer a good illustration of how corporate performance and stock market performance aren't always perfectly correlated. Axalta Coating Systems Ltd. (NYSE:AXTA) shares have appreciated about 20% since my last update, outperforming Akzo Nobel N.V. (OTCQX:AKZOY) and PPG Industries, Inc. (PPG), but lagging RPM International Inc. (RPM) and the broader industrial market despite steady progress on multiple self-improvement initiatives, including efforts to gain ...

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 Specto ...

Axalta Coating Systems (AXTA) reported $1.35 billion in revenue for the quarter ended June 2024, representing a year-over-year increase of 4.4%. EPS of $0.57 for the same period compares to $0.35 a year ago.The reported revenue represents a surprise of +0.67% over the Zacks Consensus Estimate of $1.34 billion. With the consensus EPS estimate being $0.51, the EPS surprise was +11.76%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to d ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File Number: 001-36733 AXALTA COATING SYSTEMS LTD. (Exact name of registrant as specified in its charter) Bermuda 2851 98-1073028 (State or other jurisdic ...

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. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 11.76%. A quarter ago, it was expected that this high-performance coating system maker would post earnings of $0.40 per share when it actually produced earnings of $0.48, delivering a surprise of 20%.Over th ...

Exhibit 99 News Release Axalta Coating Systems 1050 Constitution Avenue Philadelphia, PA 19112 USA Immediate Release Axalta Releases Second Quarter 2024 Results PHILADELPHIA, PA, August 1, 2024 - Axalta Coating Systems Ltd. (NYSE:AXTA) ("Axalta"), a leading global coatings company, announced its financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Highlights: ▪ Net sales increased 4.4% year over year to $1.35 billion ▪ Net income increased $52 million year over year to $113 mill ...