|Bid||25.03 x 800|
|Ask||25.11 x 1400|
|Day's Range||25.00 - 25.51|
|52 Week Range||21.44 - 34.12|
|Beta (5Y Monthly)||1.35|
|PE Ratio (TTM)||27.51|
|Earnings Date||Oct 24, 2022 - Oct 28, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||30.37|
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This is Chris Evans, VP of investor relations. Both our prepared remarks and discussion today may contain forward-looking statements, reflecting the company's current view of future events and their potential effect on Axalta's operating and financial performance. Please note that the company is under no obligation to provide updates to these forward-looking statements.
Axalta Coating Systems (AXTA) delivered earnings and revenue surprises of 2.50% and 1.28%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
Record pricing and strong volume growth drove a solid quarterly performance above mid-point of expectationsGLEN MILLS, Pa., July 26, 2022 (GLOBE NEWSWIRE) -- Axalta Coating Systems Ltd. (NYSE:AXTA) (“Axalta”), a leading global coatings company, announced its financial results for the second quarter ended June 30, 2022. Second Quarter 2022 Highlights: Net sales increased 9.6% year-over-year (14.5% ex FX) led by record pricing and solid volume growth; Mobility Coatings delivered significant above-