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Axalta Coating reports Q4 adjusted EPS 38c, consensus 35c
The Fly

Axalta Coating reports Q4 adjusted EPS 38c, consensus 35c

Reports Q4 revenue $1.24B, consensus $1.22B. Chris Villavarayan, Axalta’s CEO and president, commented, "I am pleased to report fourth quarter earnings at the top of our guidance range, which reflected considerable year-over-year improvement. Strong pricing gains were realized across all end-markets and supported better year-over-year profitability. Margin recovery is a key priority for us and our second-half results showed notable progress on this front. Meanwhile, volumes again improved across the portfolio as demand for our products and services continue to outpace most end-market trends. We are exiting 2022 with strong momentum and a foundation to deliver continued progress into 2023."

Published first on TheFly

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