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) 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) 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 ...

Analysts on Wall Street project that Axalta Coating Systems (AXTA) will announce quarterly earnings of $0.43 per share in its forthcoming report, representing an increase of 13.2% year over year. Revenues are projected to reach $1.28 billion, increasing 3.5% from the same quarter last year.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 1.5% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections duri ...

Dynamic black shade evokes depths of our universe and space exploration Latest edition marks decade since Axalta launched its first Automotive Color of the Year GLEN MILLS, Pa., Jan. 29, 2024 (GLOBE NEWSWIRE) -- Axalta Coating Systems (NYSE:AXTA), a leading global coatings company, today announced its 2024 Global Automotive Color of the Year – Starry Night. The latest edition marks the 10th year Axalta has introduced its automotive color of the year and the first time it has featured a black shade. Starry N ...

The Zacks Chemicals Specialty industry is facing challenges from demand softness, largely due to a slowdown in Europe and a slow economic recovery in China. Margins of companies in this space also remain under pressure due to the still-elevated input, supply chain and logistics costs.Industry players like Celanese Corporation (CE) , Axalta Coating Systems Ltd. (AXTA) and Element Solutions Inc (ESI) are banking on strategic measures, including operating cost reductions, to tide over a persistently challengin ...

Voltatex® 7345 A ECO Wire Enamel enables efficient electric motors, powertrains and energy storage devices, advances electrification, and reduces CO2 emissions Sustainable Raptor® Flameproof Coating extends the useful life of automotive parts especially at extremely high temperatures GLEN MILLS, Pa., Jan. 10, 2024 (GLOBE NEWSWIRE) -- Axalta Coating Systems (NYSE:AXTA), a leading global coatings company, today announced that both its Voltatex® 7345 A ECO Wire Enamel and its Raptor® Flameproof Coating have ea ...

GLEN MILLS, Pa., Jan. 09, 2024 (GLOBE NEWSWIRE) -- Axalta Coating Systems (NYSE: AXTA), a leading global coatings company, will release its fourth-quarter and full-year 2023 financial results at 6 a.m. ET on Thursday, February 8. The release and supporting materials will be posted to Axalta’s Investor Relations site. In addition, the company will host a conference call at 8 a.m. ET on February 8. Chris Villavarayan, Chief Executive Officer and President, and Carl Anderson, Senior Vice President and Chief Fi ...

GLEN MILLS, Pa., Jan. 09, 2024 (GLOBE NEWSWIRE) -- Axalta Coating Systems (NYSE: AXTA), a leading global coatings company, will release its fourth-quarter and full-year 2023 financial results at 6 a.m. ET on Thursday, February 8. The release and supporting materials will be posted to Axalta’s Investor Relations site. In addition, the company will host a conference call at 8 a.m. ET on February 8. Chris Villavarayan, Chief Executive Officer and President, and Carl Anderson, Senior Vice President and Chief Fi ...

Axalta Coating Systems Q3 2023 Financial Results Legal Notices Forward-Looking Statements This presentation and the oral remarks made in connection herewith may contain certain forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 regarding Axalta and its subsidiaries including, but not limited to, our outlook/commentary and/or guidance, which includes net sales growth, Adjusted EBIT, Adjusted EBITDA, depreciation and amortization, step-up depreciation an ...