Axalta Coating Systems EPS beats by $0.02, beats on revenue

Jul. 26, 2021 4:41 PM ETAxalta Coating Systems Ltd. (AXTA)AXTABy: Ravikash, SA News Editor
  • Axalta Coating Systems (NYSE:AXTA): Q2 Non-GAAP EPS of $0.48 beats by $0.02; GAAP EPS of $0.54 beats by $0.11.
  • Revenue of $1.13B (+73.1% Y/Y) beats by $50M.
  • Net debt to LTM Adjusted EBITDA of 2.6x at June 30, 2021; strong cash flow from operations of $107.5M.
  • 2021 Financial Outlook:
  • Net Sales: ~+20-22%, including ~3% FX and ~1% M&A benefit.
  • Adjusted EPS: $1.85-$2.00.
  • Adjusted EBIT: $685M-725M; Q3 ~20% of full year; Q4 ~30% of full year.
  • Press Release

Recommended For You


To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.