Earnings Preview For Axalta Coating Systems

Axalta Coating Systems AXTA is set to give its latest quarterly earnings report on Monday, 2022-01-31. Here's what investors need to know before the announcement.

Analysts estimate that Axalta Coating Systems will likely report an Earnings Per Share (EPS) of $0.33.

Axalta Coating Systems bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Historical Earnings Performance

Last quarter the company beat EPS by $0.05, which was followed by a 2.34% drop in the share price the next day.

Here's a look at Axalta Coating Systems's past performance and the resulting price change:

Stock Performance

Shares of Axalta Coating Systems were trading at $28.74 as of January 27. Over the last 52-week period, shares are up 1.69%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

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