AXTA - Axalta Coating Systems Non-GAAP EPS of $0.39 in-line revenue of $1.24B beats by $40M
- Axalta Coating Systems press release ( NYSE: AXTA ): Q3 Non-GAAP EPS of $0.39 in-line.
- Revenue of $1.24B (+13.8% Y/Y) beats by $40M .
- Q4 2022 Guidance: Net Sales growth of ~6%-8%, including ~(7%) foreign currency impact; Anticipate mid single-digit volume and nearly double-digit price-mix growth
- Adjusted EBIT: $120-145 million, correlating to Adjusted EBITDA of $185-210 million
- Adjusted Diluted EPS: $0.31-0.39; including a $0.04 year-over-year headwind from foreign currency and the Russia-Ukraine conflict. That compares with consensus of $0.42 per share.
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Axalta Coating Systems Non-GAAP EPS of $0.39 in-line, revenue of $1.24B beats by $40M