Axalta Coating Raises FY24 Adj EPS Outlook To ~$2.05 (From $1.90 - $2.00 Prior), Vs. $1.98 Estimate
Portfolio Pulse from Benzinga Newsdesk
Axalta Coating Systems has raised its FY24 adjusted EPS outlook to approximately $2.05, up from the previous range of $1.90 to $2.00, surpassing the $1.98 estimate.
August 01, 2024 | 10:10 am
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Axalta Coating Systems has increased its FY24 adjusted EPS outlook to approximately $2.05, up from the previous range of $1.90 to $2.00, and above the $1.98 estimate.
The raised EPS outlook indicates stronger-than-expected financial performance, which is likely to boost investor confidence and positively impact the stock price in the short term.
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RELEVANCE 100