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 ...

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 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 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 ...