Investing.com - Axalta Coating Systems reported on Tuesday third quarter earnings that matched analysts' forecasts and revenue that topped expectations.
Axalta Coating Systems announced earnings per share of $0.39 on revenue of $1.24. Analysts polled by Investing.com EPS of $0.39 on revenue of $1.21B.
Axalta Coating Systems 's are down 37% and is trading at $23.81 , still down 30.22% from its 52 week high of $34.12 set on Wednesday, January 5, 2022.
Axalta Coating Systems follows other major Materials sector earnings this month
Axalta Coating Systems's report follows an earnings beat by Sherwin-Williams on Tuesday, who reported EPS of $2.83 on revenue of $6.05B, EPS of $2.59 on revenue of $5.81B.
Freeport-McMoran had missed expectations on Thursday with third quarter EPS of $0.26 on revenue of $5B, for EPS of $0.3167 on revenue of $5.37B.
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