Axalta ting Systems .(AXTA)
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Axalta Irus Mix and Voltatex® 7345 A ECO Wire Enamel Win Silver 2024 Edison Awards™; Low Carbon Footprint Sustainable Coating System with Hyperdur® Primer and Chromadyne® Colorcoat Takes Bronze
Newsfilter· 2024-04-23 16:30
PHILADELPHIA, April 23, 2024 (GLOBE NEWSWIRE) -- Axalta Coating Systems (NYSE:AXTA), a leading global coatings company, announced today that it has won three 2024 Edison Awards™. Axalta Irus Mix won silver in the Environmental and Industrial Solutions category. Axalta's Voltatex® 7345 A ECO Wire Enamel and its Low Carbon Footprint Sustainable Coating System with Hyperdur® Primer and Chromadyne® Colorcoat won silver and bronze, respectively, in the Coatings and Manufacturing category. This is the sixth conse ...
Axalta Named a 2023 General Motors Supplier of the Year
Newsfilter· 2024-04-15 20:42
PHILADELPHIA, April 15, 2024 (GLOBE NEWSWIRE) -- Axalta Coating Systems (NYSE:AXTA), a leading global coatings company, was recognized by General Motors as a top global supplier of 2023 during its annual Supplier of the Year recognition event last week in Miami. In total, 86 suppliers were recognized with a Supplier of the Year award. "We are proud to be recognized by General Motors again as a 2023 Supplier of the Year," said Hadi Awada, President, Global Mobility Coatings, Axalta. "Through our strong rela ...
AXTA vs. CSWI: Which Stock Is the Better Value Option?
Zacks Investment Research· 2024-04-12 16:41
Investors looking for stocks in the Chemical - Specialty sector might want to consider either Axalta Coating Systems (AXTA) or CSW Industrials (CSWI) . But which of these two stocks presents investors with the better value opportunity right now? Let's 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 proven Zacks Rank emphas ...
Robert McLaughlin to Retire from Axalta Board of Directors
Newsfilter· 2024-03-21 20:15
PHILADELPHIA, March 21, 2024 (GLOBE NEWSWIRE) -- Axalta Coating Systems Ltd. (NYSE:AXTA), a leading global coatings company, today announced that Robert M. McLaughlin has decided that he will retire from Axalta's Board of Directors and will not stand for re-election at Axalta's 2024 Annual General Meeting of Members (the "AGM"). Mr. McLaughlin has been a member of Axalta's Board since 2014 and currently serves as the Chair of the Audit Committee and a member of the Compensation Committee. Mr. McLaughlin wil ...
Axalta Coating Systems: Positive Refinish And Mobility Coating Outlook
Seeking Alpha· 2024-03-10 11:07
JHVEPhoto/iStock Editorial via Getty Images Synopsis Axalta Coating Systems (NYSE:AXTA) is a company that manufactures and supplies high-performance coating systems. AXTA’s past financials have shown volatile revenue growth due to the impact of COVID-19, but it has also demonstrated a strong recovery. Due to rising inflation, gross profit margins were under pressure, but it managed to maintain its net income margin. In 2023, revenue continued to report growth. In addition, margins expanded year-over-yea ...
Axalta ting Systems .(AXTA) - 2023 Q4 - Annual Report
2024-02-14 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 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 jurisdiction ...
Axalta's (AXTA) Earnings In Line, Revenues Beat Estimates in Q4
Zacks Investment Research· 2024-02-13 12:11
Axalta Coating Systems Ltd. (AXTA) posted earnings (as reported) of 33 cents per share in fourth-quarter 2023 compared with 20 cents in the year-ago quarter.Barring one-time items, earnings were 43 cents per share in the reported quarter, up 13% year over year. It was in line with the Zacks Consensus Estimate.The company’s revenues rose around 5% year over year to $1,297.3 million in the quarter. The top line beat the Zacks Consensus Estimate of $1,282.5 million.The company benefited from higher price and m ...
Axalta ting Systems .(AXTA) - 2023 Q4 - Earnings Call Transcript
2024-02-08 16:30
Axalta Coating Systems Ltd. (NYSE:AXTA) Q4 2023 Earnings Conference Call February 8, 2024 8:00 AM ET Company Participants Chris Evans - VP, IR Chris Villavarayan - CEO & President Carl Anderson - CFO Conference Call Participants David Begleiter - Deutsche Bank John McNulty - BMO Capital Markets Kevin McCarthy - Vertical Research Partners Steve Byrne - Bank of America Ghansham Panjabi - Baird Michael Sison - Wells Fargo Aleksey Yefremov - KeyBanc Capital Markets Mike Leithead - Barclays Jeff Zekauskas ...
Axalta Coating Systems (AXTA) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
Zacks Investment Research· 2024-02-08 15:36
Axalta Coating Systems (AXTA) reported $1.3 billion in revenue for the quarter ended December 2023, representing a year-over-year increase of 4.9%. EPS of $0.43 for the same period compares to $0.38 a year ago.The reported revenue represents a surprise of +1.16% over the Zacks Consensus Estimate of $1.28 billion. With the consensus EPS estimate being $0.43, the company has not delivered EPS surprise.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street ...
Axalta Coating Systems (AXTA) Meets Q4 Earnings Estimates
Zacks Investment Research· 2024-02-08 13:10
Axalta Coating Systems (AXTA) came out with quarterly earnings of $0.43 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.38 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this high-performance coating system maker would post earnings of $0.38 per share when it actually produced earnings of $0.45, delivering a surprise of 18.42%.Over the last four quarters, the company has surpassed consensus EPS estimates two ...