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.
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