Axalta Coating Raises FY24 Adj EPS Outlook To ~$2.15 (From $2.05 Prior), Vs. $2.06 Estimate
Portfolio Pulse from Benzinga Newsdesk
Axalta Coating Systems has raised its fiscal year 2024 adjusted EPS outlook to approximately $2.15, up from the previous $2.05, and above the $2.06 estimate.
October 30, 2024 | 10:07 am
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Axalta Coating Systems has increased its FY24 adjusted EPS outlook to ~$2.15, higher than both the previous $2.05 guidance and the $2.06 market estimate.
The increase in EPS outlook suggests improved financial performance, which is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100