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Axalta Coating Systems Ltd. [AXTA]  posts $192.20M profit as revenue rises 10.60% to $4,884.40M

Axalta Coating Systems Ltd. [AXTA] posts $192.20M profit as revenue rises 10.60% to $4,884.40M

By USInMinutes
Published - Feb 16, 2023, 10:46 AM ET
Last Updated - Feb 19, 2023, 10:30 AM EST
EPS:0.86 Net Sales: $4,884.40M  
Axalta Coating Systems Ltd. Logo


Axalta Coating Systems Ltd. [AXTA] posted a profit of $192.20M, marking a fall of 27.31% for this year.

Revenue rose to $4,884.40M this year compared to $4,416.20M in the previous year.

The Pennsylvania(PA)-based company’s earnings per share came in at 0.86, compared to 1.14 in the last report.

According to the latest annual report the company has filed with the SEC, current earnings were $192.20M, down 27.31% from $264.40M.

The company’s net sales for the period were $4,884.40M, up 10.60%. Net sales in the previous year were $4,416.20M.

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