Earnings GuidanceAXTA raised the EBITDA guide to $1,050-1,080 million, higher than the previous forecast.
Financial PerformanceAXTA is expected to realize significant cost savings which are beginning to materialize, showing the effectiveness of the management's cost reduction strategies.
Market PositionAXTA was the only coatings company to post both a beat and a raise in earnings, indicating a stronger performance than peers.