earnings
confidence high
sentiment neutral
materiality 0.70
Axalta Q3 net sales +13.8% to $1.24B, adjusted EPS $0.39; Q4 guidance $0.31-0.39
Axalta Coating Systems Ltd.
2022-Q3 EPS reported
$0.66
revenue$3,647,700,000
- Net sales $1,238.7M (+13.8% YoY); price-mix +9.7%, volume +8.8%; FX headwind -6.3%.
- Adjusted EBIT $148.0M vs $146.0M in Q3 2021; income from operations $123.5M.
- Diluted EPS $0.28; adjusted diluted EPS $0.39, flat YoY.
- Performance Coatings sales +7.5%, Mobility Coatings +29.5%; Refinish +12.5%, Industrial +1.1%.
- Q4 guidance: net sales +6-8% (incl -7% FX), adj EBIT $120-145M, adj diluted EPS $0.31-0.39.