Axalta Coating Systems Projects 2026 Adjusted EBITDA of $1.1B to $1.11B and Q4 EPS of ~$0.55
Axalta Coating Systems Ltd. (AXTA) reported a steady third quarter, with net sales increasing 2% year-over-year to reach $1.3 billion. The company achieved an adjusted EBITDA of $282 million, maintaining an adjusted EBITDA margin of 21.5%, which marks its eleventh consecutive quarter exceeding the 20% threshold. Looking ahead, management provided optimistic guidance for both the near and long term. For the fourth quarter, Axalta expects adjusted earnings per share (EPS) to be approximately $0.55. Furthermore, the company has projected its 2026 adjusted EBITDA to fall within the range of $1.1 billion to $1.11 billion.
Tickers: $AXTA
Topics: EBITDA Financial Performance Net Sales
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