Axalta Coating Sys Q2 2024 Adj. EPS $0.57 Beats $0.51 Estimate, Sales $1.351B Beat $1.340B Estimate
Portfolio Pulse from Benzinga Newsdesk
Axalta Coating Systems (NYSE: AXTA) reported Q2 2024 adjusted EPS of $0.57, beating the estimate of $0.51. Sales were $1.351 billion, surpassing the $1.340 billion estimate and showing a 4.40% increase from the same period last year.
August 01, 2024 | 10:02 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Axalta Coating Systems reported Q2 2024 adjusted EPS of $0.57, beating the estimate of $0.51. Sales were $1.351 billion, surpassing the $1.340 billion estimate and showing a 4.40% increase from the same period last year.
Axalta Coating Systems' better-than-expected earnings and sales figures are likely to positively impact its stock price in the short term. Beating both EPS and sales estimates indicates strong performance and growth, which is typically well-received by investors.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100