AXTA - Axalta Coating Systems Non-GAAP EPS of $0.38 beats by $0.03 revenue of $1.24B beats by $20M
- Axalta Coating Systems press release ( NYSE: AXTA ): Q4 Non-GAAP EPS of $0.38 beats by $0.03 .
- Revenue of $1.24B (+8.8% Y/Y) beats by $20M .
- Volumes grew 2.4% year-over-year as market recovery in Mobility Coatings more than offset pockets of softer demand in Industrial and a slower China recovery in Performance Coatings
- 11.7% price-mix growth year-over-year; 3.2% sequential price-mix growth
- 1Q23 Outlook:
- Revenue growth of 5-9% vs. 1.64% consensus
- Adj EPS of $0.26-$0.33 vs $0.32 consensus
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Axalta Coating Systems Non-GAAP EPS of $0.38 beats by $0.03, revenue of $1.24B beats by $20M