Axalta Coating Raises FY24 Adj EPS Outlook To $1.90 - $2.00, Up From $1.80 - $1.95 Prior, Vs. $1.89 Estimate
Author: Benzinga Newsdesk | May 01, 2024 06:11am
Second Quarter And Full Year 2024 Outlook
| (in millions, except %'s and per share data) |
Projection |
| Item |
Q2 2024 |
FY 2024 |
| Net Sales YoY% |
3% - 5% |
+LSD |
| Adjusted EBITDA |
~$275 |
$1,050 - $1,080 |
| Adjusted Diluted EPS |
~$0.50 |
$1.90 - $2.00 |
| Free Cash Flow |
$425 - $475 |
| D&A (step-up D&A) |
~$280 ($50) |
| Tax Rate, As Adjusted |
~25% |
| Diluted Shares Outstanding |
~222 |
| Interest Expense |
~$210 |
| Capex |
~$165 |
LSD= low single digit
Posted In: AXTA
