Axalta Coating Systems Stock News

Axalta's results are heavily impacted by inflation and 2022 will likely be a transition year as it will take time to pass on the costs to the end user.

Pune, India, Feb. 08, 2022 (GLOBE NEWSWIRE) -- The global powder coatings market size is slated to reach USD 18.95 billion by 2028, registering a 6.2% CAGR during the forecast period. The increasing demand for industrial equipment & machinery in the automotive, infrastructure and construction industry will have an excellent impact on the market growth, states Fortune Business Insights, in a report, titled " Powder Coatings Market, 2021-2028." The market size stood at USD 11.58 billion in 2020 and reached USD 12.46 billion in 2021. COVID-19 Impact : The COVID19 outbreak halted the manufacturing of raw materials used in powder coating production. Asian nations such as India, China, Japan, Singapore, and Thailand are the primary manufacturers of these coatings and suppliers of raw ingredients. The recent coronavirus epidemic in Asia Pacific has disrupted the availability of these basic materials. China, for example, is a major resin provider, supplying one million tons of resin to the global market.

The latest 13F reporting period has come and gone, and Insider Monkey have plowed through 867 13F filings that hedge funds and well-known value investors are required to file by the SEC.

ARCH, AZN, and AXTA have been added to the Zacks Rank #5 (Strong Sell) List on February 4, 2022

ARCH, AZN, and AXTA have been added to the Zacks Rank #5 (Strong Sell) List on February 4, 2022

Upgrades Oppenheimer upgraded the previous rating for NovoCure Ltd (NASDAQ:NVCR) from Perform to Outperform. NovoCure earned $0.13 in the third quarter, compared to $0.09 in the year-ago quarter. At

AXTA earnings call for the period ending December 31, 2021.

Axalta Coating Systems Ltd. (AXTA) CEO Robert Bryant on Q4 2021 Results - Earnings Call Transcript

Axalta (AXTA) benefits from higher average price and product mix amid headwinds from limitations in the availability for major raw materials in Q4.

Axalta (AXTA) benefits from higher average price and product mix amid headwinds from limitations in the availability for major raw materials in Q4.

Axalta Coating Systems (AXTA) delivered earnings and revenue surprises of -3.23% and 0.04%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stoc

Axalta Coating Systems press release (AXTA): Q4 Non-GAAP EPS of $0.30.Revenue of $1.14B (+6.5% Y/Y).