The Axalta Coating Systems Ltd. (NYSE:AXTA) Third-Quarter Results Are Out And Analysts Have Published New Forecasts

Simply Wall St.11-02

Investors in Axalta Coating Systems Ltd. (NYSE:AXTA) had a good week, as its shares rose 7.8% to close at US$37.98 following the release of its third-quarter results. Axalta Coating Systems reported ...

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Axalta Coating Systems reported ...</p>\n\n<a href=\"https://finance.yahoo.com/news/axalta-coating-systems-ltd-nyse-141721638.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Axalta Coating Systems Ltd. (NYSE:AXTA) Third-Quarter Results Are Out And Analysts Have Published New Forecasts</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Axalta Coating Systems Ltd. (NYSE:AXTA) Third-Quarter Results Are Out And Analysts Have Published New Forecasts\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-02 22:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/axalta-coating-systems-ltd-nyse-141721638.html><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors in Axalta Coating Systems Ltd. (NYSE:AXTA) had a good week, as its shares rose 7.8% to close at US$37.98 following the release of its third-quarter results. Axalta Coating Systems reported ...</p>\n\n<a href=\"https://finance.yahoo.com/news/axalta-coating-systems-ltd-nyse-141721638.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NYSE","symbol_name":"纽交所","start_time":0,"source_url":"https://finance.yahoo.com/news/axalta-coating-systems-ltd-nyse-141721638.html","article_id":"2480274748","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/Sggd_o44s7dflk40u15qfA--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/ef975e11af88470f7f200c4452d777bf"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2480274748","pubTimestamp":1730557041,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Investors in Axalta Coating Systems Ltd.  had a good week, as its shares rose 7.8% to close at US$37.98 following the release of its third-quarter results. Axalta Coating Systems reported in line with analyst predictions, delivering revenues of US$1.3b and statutory earnings per share of US$0.46, suggesting the business is executing well and in line with its plan. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.Check out our latest analysis for Axalta Coating Systems. The most obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analysts holding their earnings forecasts steady, in","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"NYSE":"纽交所","LU1074936037.SGD":"JPMorgan Funds - US Value A (acc) SGD","BK4561":"索罗斯持仓","AXTA":"艾仕得涂料系统","LU0006061336.USD":"Blackrock US Small and MidCap Opportunities A2 USD","BK4109":"特种化学制品"},"translate_title":"艾仕得涂料系统有限公司（纽约证券交易所股票代码：AXTA）第三季度业绩公布，分析师发布了新的预测","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AXTA":1,"NYSE":1},"content_text":"Investors in Axalta Coating Systems Ltd. (NYSE:AXTA) had a good week, as its shares rose 7.8% to close at US$37.98 following the release of its third-quarter results. Axalta Coating Systems reported in line with analyst predictions, delivering revenues of US$1.3b and statutory earnings per share of US$0.46, suggesting the business is executing well and in line with its plan. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year. \n Check out our latest analysis for Axalta Coating Systems \n\n\n\n  NYSE:AXTA Earnings and Revenue Growth November 2nd 2024\n \n\n Taking into account the latest results, the most recent consensus for Axalta Coating Systems from 18 analysts is for revenues of US$5.45b in 2025. If met, it would imply a reasonable 3.5% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to bounce 53% to US$2.30. Before this earnings report, the analysts had been forecasting revenues of US$5.48b and earnings per share (EPS) of US$2.27 in 2025. So it's pretty clear that, although the analysts have updated their estimates, there's been no major change in expectations for the business following the latest results. \n It will come as no surprise then, to learn that the consensus price target is largely unchanged at US$43.56. There's another way to think about price targets though, and that's to look at the range of price targets put forward by analysts, because a wide range of estimates could suggest a diverse view on possible outcomes for the business. The most optimistic Axalta Coating Systems analyst has a price target of US$50.00 per share, while the most pessimistic values it at US$39.00. This is a very narrow spread of estimates, implying either that Axalta Coating Systems is an easy company to value, or - more likely - the analysts are relying heavily on some key assumptions. \n Of course, another way to look at these forecasts is to place them into context against the industry itself. It's pretty clear that there is an expectation that Axalta Coating Systems' revenue growth will slow down substantially, with revenues to the end of 2025 expected to display 2.8% growth on an annualised basis. This is compared to a historical growth rate of 5.9% over the past five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 4.7% per year. So it's pretty clear that, while revenue growth is expected to slow down, the wider industry is also expected to grow faster than Axalta Coating Systems. \nThe Bottom Line \n The most obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analysts holding their earnings forecasts steady, in line with previous estimates. Fortunately, the analysts also reconfirmed their revenue estimates, suggesting that it's tracking in line with expectations. Although our data does suggest that Axalta Coating Systems' revenue is expected to perform worse than the wider industry. The consensus price target held steady at US$43.56, with the latest estimates not enough to have an impact on their price targets. \n With that in mind, we wouldn't be too quick to come to a conclusion on Axalta Coating Systems. Long-term earnings power is much more important than next year's profits. We have estimates - from multiple Axalta Coating Systems analysts - going out to 2026, and you can see them free on our platform here. \n You should always think about risks though. Case in point, we've spotted   1 warning sign for Axalta Coating Systems  you should be aware of. \nHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. 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