Axalta's (AXTA) Earnings In Line, Revenues Beat Estimates in Q4

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 ...