Axalta ting Systems .(AXTA)
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Axalta Hosting Strategy Day; Outlining Three-Year Plan for Accelerating Performance
Newsfilter· 2024-05-15 12:00
PHILADELPHIA, May 15, 2024 (GLOBE NEWSWIRE) -- Axalta Coating Systems (NYSE:AXTA) ("Axalta"), a leading global coatings company, today will present its three-year plan (2026 A-Plan) during a Strategy Day that is being held at the company's Global Innovation Center. The event and presentation will be available through a live webcast and replay at ir.axalta.com. During the event, Axalta will detail its plans to create value by executing the 2026 A-Plan, which focuses on five growth tenets: cultural transforma ...
Transtar Holding Company Announces Agreement for Axalta to Acquire The CoverFlexx Group
Prnewswire· 2024-05-13 12:15
CLEVELAND, May 13, 2024 /PRNewswire/ -- Transtar Holding Company, a leader in automotive aftermarket solutions, is pleased to announce that Axalta Coating Systems (NYSE: AXTA), a prominent global coatings company, has signed a definitive agreement to acquire The CoverFlexx Group. The transaction is anticipated to close in the third quarter, pending regulatory approval and customary closing conditions. Baird served as the exclusive financial advisor to CoverFlexx on this transaction. The CoverFlexx Group, a ...
Axalta Coating Systems (AXTA) Reports Q1 Earnings: What Key Metrics Have to Say
Zacks Investment Research· 2024-05-02 03:01
For the quarter ended March 2024, Axalta Coating Systems (AXTA) reported revenue of $1.29 billion, up 0.8% over the same period last year. EPS came in at $0.48, compared to $0.35 in the year-ago quarter.The reported revenue represents a surprise of +0.59% over the Zacks Consensus Estimate of $1.29 billion. With the consensus EPS estimate being $0.40, the EPS surprise was +20.00%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to deter ...
Axalta ting Systems .(AXTA) - 2024 Q1 - Earnings Call Transcript
2024-05-01 19:12
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 Joh ...
Axalta ting Systems .(AXTA) - 2024 Q1 - Quarterly Report
2024-05-01 19:09
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 March 31, 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 jurisdi ...
Axalta Coating Systems (AXTA) Tops Q1 Earnings and Revenue Estimates
Zacks Investment Research· 2024-05-01 12:16
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. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 20%. A quarter ago, it was expected that this high-performance coating system maker would post earnings of $0.43 per share when it actually produced earnings of $0.43, delivering no surprise.Over the last fo ...
Axalta ting Systems .(AXTA) - 2024 Q1 - Quarterly Results
2024-05-01 10:02
Investor Contact Christopher Evans D +1 484 724 4099 Christopher.Evans@axalta.com Media Contact Robert Donohoe D +1 267-756-3803 Robert.Donohoe@axalta.com Immediate Release Axalta Releases First Quarter 2024 Results PHILADELPHIA, PA, May 1, 2024 - Axalta Coating Systems Ltd. (NYSE:AXTA) ("Axalta"), a leading global coatings company, announced its financial results for the first quarter ended March 31, 2024. First Quarter 2024 Highlights: ▪ Net sales increased 0.8% year-over-year to $1.3 billion ▪ Announced ...
Tyrone Michael Jordan Appointed to FuelCell Energy's Board of Directors
Newsfilter· 2024-04-29 21:01
Automotive and aerospace industry executive with deep expertise inadvanced manufacturing systems, scaling manufacturing, and technology DANBURY, Conn., April 29, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (NASDAQ:FCEL), FuelCell Energy, Inc., announced that Tyrone Michael ("TJ") Jordan has joined its board of directors. Jordan's extensive experience in operations, advanced manufacturing, commercialization, and global leadership will be a significant asset to the company's board at a key time during the ...
AXTA or CSWI: Which Is the Better Value Stock Right Now?
Zacks Investment Research· 2024-04-29 16:45
Investors with an interest in Chemical - Specialty stocks have likely encountered both Axalta Coating Systems (AXTA) and CSW Industrials (CSWI) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The Zacks Rank is a proven ...
Axalta Coating Systems (AXTA) Reports Next Week: Wall Street Expects Earnings Growth
Zacks Investment Research· 2024-04-24 15:08
Axalta Coating Systems (AXTA) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on May 1, 2024, might help the stock move higher if these key numbers are better ...