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Axalta Coating Systems' Q2 Adjusted Earnings, Revenue Increase; Raises 2024 Adjusted Earnings Guidance
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Axalta Coating Systems' Q2 Adjusted Earnings, Revenue Increase; Raises 2024 Adjusted Earnings Guidance
Aug 1, 2024 6:08 AM

08:44 AM EDT, 08/01/2024 (MT Newswires) -- Axalta Coating Systems ( AXTA ) reported Q2 adjusted earnings of $0.57 per diluted share on Thursday, up from $0.35 a year earlier.

Analysts polled by Capital IQ expected $0.51.

Revenue for the quarter ended June 30 was $1.35 billion, compared with $1.29 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.34 billion.

The company said it now expects 2024 adjusted diluted earnings per share guidance of about $2.05. That compares with its prior guidance of $1.90 to $2. Analysts surveyed by Capital IQ expect $1.98 per share.

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