Axalta Coating Systems (AXTA) Tops Q2 EPS by 2c; Guides Q3 EPS Below Views

Axalta Coating Systems (NYSE: AXTA) reported Q2 EPS of $0.41, $0.02 better than the analyst estimate of $0.39. Revenue for the quarter came in at $1.23 billion versus the consensus estimate of $1.25 billion.

GUIDANCE:

Axalta Coating Systems sees Q3 2022 EPS of $0.37-$0.45, versus the consensus of $0.51. Net Sales: ~+15-17%, including, ~(6)% foreign currency impact and ~+2% acquisition benefit; pricing and volume expected to be up high single-digits year-over-year.

For earnings history and earnings-related data on Axalta Coating Systems (AXTA) click here.

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