Previous close | 31.37 |
Open | 33.94 |
Bid | 0.00 x N/A |
Ask | 0.00 x N/A |
Day's range | 33.42 - 34.49 |
52-week range | 25.50 - 34.49 |
Volume | |
Avg. volume | 220 |
Market cap | 93.411M |
Beta (5Y monthly) | 1.51 |
PE ratio (TTM) | 0.27 |
EPS (TTM) | 1.27 |
Earnings date | 01 May 2024 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
Revenue Aligns with Projections, EPS Misses Amid Restructuring Charges
Axalta Coating Systems (AXTA) delivered earnings and revenue surprises of 20% and 0.59%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
PHILADELPHIA, May 01, 2024 (GLOBE NEWSWIRE) -- Axalta Coating Systems Ltd. (NYSE:AXTA) (“Axalta”), a leading global coatings company, announced its financial results for the first quarter ended March 31, 2024. First Quarter 2024 Highlights: Net sales increased 0.8% year-over-year to $1.3 billionAnnounced 2024 Transformation Initiative with an estimated annual $75 million run-rate savings expected in 2026Net income declined $22 million year-over-year to $39 million primarily due to $55 million of