Axalta Coating Systems Ltd. Q2 Profit Drops
(RTTNews) - Axalta Coating Systems Ltd. (AXTA) released earnings for second quarter that Drops, from the same period last year
The company's bottom line totaled $89 million, or $0.41 per share. This compares with $109 million, or $0.50 per share, last year.
Excluding items, Axalta Coating Systems Ltd. reported adjusted earnings of $153 million or $0.72 per share for the period.
The company's revenue for the period rose 3.1% to $1.346 billion from $1.305 billion last year.
Axalta Coating Systems Ltd. earnings at a glance (GAAP) :
-Earnings: $89 Mln. vs. $109 Mln. last year. -EPS: $0.41 vs. $0.50 last year. -Revenue: $1.346 Bln vs. $1.305 Bln last year.
-Guidance: Next quarter EPS guidance: $ 0.70 Full year EPS guidance: $ 2.55 To $ 2.70
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