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Axalta ting Systems .(AXTA) - 2024 Q2 - Quarterly Report
2024-08-01 13:30
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) Q2 Earnings and Revenues Beat Estimates
ZACKS· 2024-08-01 12:15
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 ...
Axalta ting Systems .(AXTA) - 2024 Q2 - Quarterly Results
2024-08-01 10:02
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 ...
Axalta Releases Second Quarter 2024 Results
GlobeNewswire News Room· 2024-08-01 10:00
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. Second Quarter 2024 Highlights: Net sales increased 4.4% year over year to $1.35 billionNet income increased $52 million year over year to $113 millionAdjusted EBITDA increased $64 million year over year to $291 million with Adjusted EBITDA margin improving 400 basis points year over year to 21.5%Di ...
Ahead of Axalta Coating Systems (AXTA) Q2 Earnings: Get Ready With Wall Street Estimates for Key Metrics
ZACKS· 2024-07-31 14:21
The upcoming report from Axalta Coating Systems (AXTA) is expected to reveal quarterly earnings of $0.51 per share, indicating an increase of 45.7% compared to the year-ago period. Analysts forecast revenues of $1.34 billion, representing an increase of 3.7% year over year.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Before a company announces its e ...
Axalta Coating Systems (AXTA) Earnings Expected to Grow: Should You Buy?
ZACKS· 2024-07-25 15:08
The market expects Axalta Coating Systems (AXTA) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be ...
Axalta Coating (AXTA) Shares Rise 12% in 3 Months: Here's Why
ZACKS· 2024-07-15 13:57
Axalta Coating Systems Ltd.’s (AXTA) shares have gained 12.4% in the past three months. The company also outperformed the industry’s rise of 2% and topped the S&P 500’s 11.7% rise over the same period.Image Source: Zacks Investment ResearchLet’s look at the factors driving the stock’s price appreciation. What’s Driving Axalta Coating?In the first quarter, Axalta Coating delivered impressive results, registering a 37.1% year-over-year increase in adjusted earnings. Quarterly sales inched up 0.8%, reaching $1 ...
Axalta Appoints Chris Evans Vice President, Global Strategy, and Colleen Lubic Vice President, Investor Relations
Newsfilter· 2024-07-08 20:15
PHILADELPHIA, July 08, 2024 (GLOBE NEWSWIRE) -- Axalta Coating Systems Ltd. (NYSE:AXTA), a leading global coatings company, today announced that Chris Evans has been appointed Vice President, Global Strategy and Colleen Lubic has been appointed Vice President, Investor Relations. The appointments are effective immediately and further demonstrate Axalta's bench strength. Evans has served as Axalta's VP, Investor Relations since early 2022. Prior to joining the company, he led the Investor Relations function ...
Axalta Completes Acquisition of The CoverFlexx Group
GlobeNewswire News Room· 2024-07-02 20:05
PHILADELPHIA, July 02, 2024 (GLOBE NEWSWIRE) -- Axalta Coating Systems (NYSE: AXTA), a leading global coatings company, has successfully completed the previously announced acquisition of The CoverFlexx Group from Transtar Holding Company. The CoverFlexx Group manufactures and sells coatings for automotive refinish and aftermarket applications, focused on economy customers in North America. “The acquisition of The CoverFlexx Group further solidifies our excellent offerings in Refinish coatings,” said Chris V ...
Axalta Completes Acquisition of The CoverFlexx Group
Newsfilter· 2024-07-02 20:05
PHILADELPHIA, July 02, 2024 (GLOBE NEWSWIRE) -- Axalta Coating Systems (NYSE: AXTA), a leading global coatings company, has successfully completed the previously announced acquisition of The CoverFlexx Group from Transtar Holding Company. The CoverFlexx Group manufactures and sells coatings for automotive refinish and aftermarket applications, focused on economy customers in North America. “The acquisition of The CoverFlexx Group further solidifies our excellent offerings in Refinish coatings,” said Chris V ...