Axalta Coating Systems (AXTA) Misses Q3 EPS by 33c, Revenues Beat

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Axalta Releases Third Quarter 2020 Results

October 21, 2020 4:01 PM EDT

PHILADELPHIA, Oct. 21, 2020 /PRNewswire/ --

Third Quarter 2020 Highlights:

Sequential recovery from all end-markets; Q3 2020 net sales 57.3% higher than Q2 2020 Q3 2020 net sales decreased 7.2% year-over-year to $1,026.9 million Income from operations of $141.7 million; record Adjusted EBIT of $210.4 million Diluted EPS of $0.35 versus $0.28 in Q3 2019; record Adjusted diluted EPS of $0.59 versus $0.52 in Q3 2019 Cash... More