AXTA

In late July 2026, Axalta Coating Systems reported second-quarter 2026 results showing sales of US$1,346 million, up from US$1,305 million a year earlier, while net income declined to US$89 million from US$109 million and diluted EPS from continuing operations eased to US$0.41 from US$0.50. Over the first half of 2026, Axalta’s sales inched up to US$2,600 million from US$2,567 million, but net income fell to US$179 million from US$208 million and the company signaled only low single-digit year-over-year net sales growth for both the third quarter and full year, highlighting pressure on profitability despite modest top-line progress. Against this backdrop of rising sales but softer earnings and low single-digit growth guidance, we’ll examine how Axalta’s outlook intersects with its existing investment narrative. Rare earth metals are the new gold rush. Find out which 29 stocks are leading the charge. To own Axalta, you have to believe its coatings portfolio can turn modest sales gains into healthier profits over time, even with cyclical pressure in refinish and industrial end markets. The latest results, with slightly higher sales but weaker earnings and low single digit growth guidance, keep the near term focus squarely on margin resilience; they do not fundamentally alter the core opportunity, but they do sharpen the biggest risk right now that cost initiatives may not fully offset soft volumes and pricing pressure. The most relevant company update here is Axalta’s reiterated outlook for low single digit net sales growth for both the third quarter and full year 2026. That guidance aligns with the Q2 pattern of inching sales higher while net income and EPS soften, and it matters because it tests the bullish catalyst that operational improvements and product innovation can do the heavy lifting on earnings with only modest top line growth. Yet against that backdrop of modest growth and margin strain, one risk investors should be aware of is that prolonged weakness in Performance Coatings volumes and unfavorable price mix could... Read the full narrative on Axalta Coating Systems (it's free!) Axalta Coating Systems' narrative projects $5.5 billion revenue and $616.2 million earnings by 2029. This requires 2.8% yearly revenue growth and about a $247 million earnings increase from $369.0 million today. Uncover how Axalta Coating Systems' forecasts yield a $35.71 fair value, in line with its current price. Compared with the baseline view that modest sales growth can support profit improvement, the lowest analysts were already more cautious, assuming only about 2% annual revenue growth and earnings of roughly US$555 million by 2029, so this softer Q2 and low single digit guidance may push their concerns about sluggish volumes and cost driven margins even further, and you should weigh these different expectations for Axalta’s future before deciding what makes sense for you. Explore 4 other fair value estimates on Axalta Coating Systems - why the stock might be worth over 2x more than the current price! Disagree with existing narratives? Extraordinary investment returns rarely come from following the herd, so go with your instincts. A great starting point for your Axalta Coating Systems research is our analysis highlighting 2 key rewards and 1 important warning sign that could impact your investment decision. Our free Axalta Coating Systems research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate Axalta Coating Systems' overall financial health at a glance. These stocks are moving-our analysis flagged them today. Act fast before the price catches up: Uncover the next big thing with 21 elite penny stocks that balance risk and reward. We've uncovered the 9 dividend fortresses yielding 5%+ that don't just survive market storms, but thrive in them. Explore 26 top quantum computing companies leading the revolution in next-gen technology and shaping the future with breakthroughs in quantum algorithms, superconducting qubits, and cutting-edge research. 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. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include AXTA. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]

Find winning stocks in any market cycle. Join 7 million investors using Simply Wall St's investing ideas for FREE. Axalta Coating Systems (AXTA) reported second quarter 2026 earnings on July 28, with modest sales growth alongside lower net income and earnings per share. Management also issued guidance for low single digit net sales growth ahead. See our latest analysis for Axalta Coating Systems. Over the past year Axalta Coating Systems has delivered a 28.72% total shareholder return, while the 90 day share price return of 29.14% suggests momentum has been building into and around the recent earnings and guidance update. If Axalta’s recent move has you thinking about where else growth stories might emerge, this could be a good moment to scan 18 top founder-led companies Axalta Coating Systems now pairs a long history and broad global footprint with a share price that has moved sharply in a short window. The business looks solid. The next step is to see whether the valuation does too. Based on the most followed valuation narrative, Axalta Coating Systems is priced above its fair value estimate of $35.71, with the last close at $35.81. That view rests heavily on how future revenue, margins and earnings might trend from here. Read the complete narrative. Wondering how that fair value number is built? The narrative leans on a specific earnings path, modest revenue growth and a future profit multiple that needs careful scrutiny. Result: Fair Value of $35.71 (OVERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, Axalta Coating Systems still faces pressure if Performance Coatings volumes remain weak and if mix shifts toward lower priced body shops weigh on margins. Find out about the key risks to this Axalta Coating Systems narrative. While analyst targets suggest Axalta Coating Systems is about 30% overvalued at $35.81 compared with a fair value of $35.71, the SWS DCF model points in the opposite direction. It estimates future cash flows at $88.11 per share, which is very far above today’s price. That gap hints at either a generous cash flow outlook or a cautious market that is not buying into the long range story yet. Which side do you think is closer to how Axalta Coating Systems will actually perform? Look into how the SWS DCF model arrives at its fair value. With Axalta Coating Systems attracting mixed views on value, this may be a useful time to act quickly and compare the data with your own expectations. To see how the positives and negatives stack up side by side, start by reviewing the 2 key rewards and 1 important warning sign If Axalta Coating Systems has sharpened your focus on opportunities, do not stop here. The market will move with or without you, so give yourself more options. Spot potential mispricings early by scanning 55 high quality undervalued stocks and comparing those stocks with your expectations for earnings quality and balance sheet strength. Strengthen the defensive side of your portfolio by reviewing 81 resilient stocks with low risk scores that align with your tolerance for volatility and capital preservation. Get ahead of the crowd by checking the screener containing 19 high quality undiscovered gems that combine solid fundamentals with limited current market attention. 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. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include AXTA. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]

Linde plc LIN reported second-quarter 2026 adjusted earnings of $4.50 per share, up 10% from $4.09 per share a year ago. The bottom line topped the Zacks Consensus Estimate of $4.49 per share by 0.22%. Sales increased 9% to $9.29 billion from $8.49 billion in the prior-year quarter, surpassing the Zacks Consensus Estimate of $8.96 billion by 3.68%. The strong quarterly results were driven by higher pricing, volume growth, favorable currency movements and acquisition. Electronics was the strongest end market. Linde PLC price-consensus-eps-surprise-chart | Linde PLC Quote Underlying sales advanced 4% from the prior-year quarter, reflecting 2% higher pricing and 2% volume growth. Currency translation added 2% to reported sales, acquisitions contributed 1%, cost pass-through added 1% and Engineering provided another 1%. Volume gains were led by electronics, manufacturing and chemicals and energy. Electronics sales grew 18%, the strongest increase among Linde’s major end markets. Manufacturing advanced 5%, metals and mining rose 4%, food and beverage increased 3%, and healthcare, chemicals and energy each gained 2%. Americas sales increased 7% to $4.08 billion. Underlying sales grew 4%, supported equally by 2% higher pricing and 2% volume growth. Electronics and manufacturing, led by commercial aerospace, were the primary volume drivers. Operating profit rose 5% to $1.27 billion. The operating margin declined 50 basis points to 31.2% as price increases and productivity initiatives were partly offset by cost inflation in the U.S. homecare business. Excluding that business, the region’s margin improved 20 basis points. APAC sales increased 13% to $1.87 billion, representing the strongest growth among Linde’s main geographic segments. Underlying sales rose 8% as volumes increased 6% and pricing improved 2%. Project start-ups, equipment sales and demand from electronics and chemicals and energy supported volume growth. Operating profit increased 8% to $531 million. However, the margin fell 120 basis points to 28.4%. Excluding cost pass-through effects, the decline was 70 basis points, reflecting the lower-margin sale of equipment and helium-related dislocation costs. EMEA sales advanced 7% to $2.30 billion. Favorable currency translation contributed 3%, while pricing and cost pass-through each added 2%. Acquisitions contributed another 1%. Underlying sales increased 1% as 2% higher pricing more than offset a 1% volume decline. The weakness was mainly tied to manufacturing. Operating profit rose 6% to $823 million, while the margin decreased 40 basis points to 35.7%. Excluding cost pass-through, the margin improved 10 basis points on pricing and productivity actions. Linde Engineering sales increased 13% to $625 million, while operating profit rose 11% to $100 million. The operating margin was 16%, compared with 16.3% a year earlier, reflecting project timing and the mix of intercompany and third-party plant sales. Quarterly order intake increased to $871 million from $311 million. The sale-of-plant backlog stood at $3 billion. Global Other sales increased 30% to $408 million, led by advanced materials demand from electronics and commercial aerospace. The business posted operating profit of $18 million against a $13 million loss a year earlier. Adjusted operating profit rose 7% year over year to $2.74 billion. The adjusted operating margin declined 60 basis points to 29.5% as higher pricing and productivity benefits were offset by cost inflation. Adjusted net income increased 8% to $2.09 billion. At the end of the second quarter, the company’s high-quality project backlog amounted to $11.1 billion. Operating cash flow improved 3% to $2.27 billion. Capital expenditures increased 14% to $1.44 billion, including a 27% rise in project spending to $780 million. As a result, free cash flow declined to $833 million from $954 million. Linde returned $1.59 billion to shareholders through dividends and net share repurchases. Linde ended June 2026 with cash and cash equivalents of $4.90 billion. Total debt was $28.01 billion, comprising $4.86 billion in short-term debt, $2.47 billion in current long-term debt and $20.68 billion in long-term debt. For the third quarter, Linde expects adjusted earnings of $4.45-$4.55 per share, representing growth of 6% to 8% from the prior-year period. The midpoint assumes no improvement in economic conditions and no year-over-year currency impact. Full-year 2026 adjusted earnings are projected in the range of $17.70-$17.90 per share, indicating growth of 8-9%. Management expects currency to provide a 1% tailwind. Capital expenditures are forecast between $5.5 billion and $6 billion to fund maintenance and projects supporting the company’s $8.1 billion contractual sale-of-gas backlog. Linde currently carries a Zacks Rank #3 (Hold). Some better-ranked stocks from the basic materials sector are Axalta Coating Systems Ltd. AXTA, Minerals Technologies Inc. MTX and Sensient Technologies Corporation SXT. SXT sports a Zacks Rank #1 (Strong Buy), while AXTA and MTX carry a Zacks Rank #2 (Buy) each, at present. You can see the complete list of today’s Zacks Rank #1 stocks here Axalta reported second-quarter 2026 adjusted earnings of 72 cents per share, which beat the Zacks Consensus Estimate of 65 cents per share. As of June 30, 2026, AXTA had Long-term debt of $2.6 billion, and cash and cash equivalents of $636 million. Minerals Technologies reported second-quarter 2026 adjusted earnings of $1.60 per share, which missed the Zacks Consensus Estimate of $1.64 per share. As of July 5, 2026, MTX had total debt of $964.9 million, and cash, cash equivalents and short-term investments of $346.2 million. Sensient Technologies reported second-quarter 2026 adjusted earnings of $1.20 per share, which beat the Zacks Consensus Estimate of $1.00 per share. As of June 30, 2026, SXT had long-term debt of $763.5 million, and cash and cash equivalents of $31 million. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Linde PLC (LIN) : Free Stock Analysis Report Sensient Technologies Corporation (SXT) : Free Stock Analysis Report Minerals Technologies Inc. (MTX) : Free Stock Analysis Report Axalta Coating Systems Ltd. (AXTA) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

For the quarter ended June 2026, Axalta Coating Systems (AXTA) reported revenue of $1.35 billion, up 3.1% over the same period last year. EPS came in at $0.72, compared to $0.64 in the year-ago quarter. The reported revenue represents a surprise of +2.22% over the Zacks Consensus Estimate of $1.32 billion. With the consensus EPS estimate being $0.65, the EPS surprise was +10.77%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. Here is how Axalta Coating Systems performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Sales- Performance Coatings- Refinish: $545 million compared to the $520.97 million average estimate based on three analysts. The reported number represents a change of +6% year over year. Sales- Performance Coatings- Industrial: $327 million compared to the $320.95 million average estimate based on three analysts. The reported number represents a change of +1.6% year over year. Sales- Mobility Coatings- Total: $474 million compared to the $469.97 million average estimate based on three analysts. The reported number represents a change of +1.1% year over year. Sales- Mobility Coatings- Commercial vehicle: $114 million compared to the $106.13 million average estimate based on three analysts. The reported number represents a change of +6.5% year over year. Sales- Performance Coatings- Total: $872 million compared to the $841.92 million average estimate based on three analysts. The reported number represents a change of +4.3% year over year. Sales- Mobility Coatings- Light vehicle: $360 million versus the three-analyst average estimate of $363.84 million. The reported number represents a year-over-year change of -0.6%. Adjusted EBIT- Mobility Coatings: $87 million compared to the $90.02 million average estimate based on three analysts. Adjusted EBIT- Performance Coatings: $218 million versus $197.4 million estimated by three analysts on average. View all Key Company Metrics for Axalta Coating Systems here>>> Shares of Axalta Coating Systems have returned -0.8% over the past month versus the Zacks S&P 500 composite's +1.7% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Axalta Coating Systems Ltd. (AXTA) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

PHILADELPHIA, July 28, 2026 (GLOBE NEWSWIRE) -- Axalta Coating Systems Ltd. (NYSE:AXTA) (“Axalta”), a leading global coatings company, announced its financial results for the second quarter ended June 30, 2026. Second Quarter 2026 Highlights: Net sales of $1.35 billion, an increase of 3% year over year Refinish net sales increase of 6% year over year Net income of $89 million and net income margin of 6.6% Record quarter for Adjusted EBITDA of $305 million with an Adjusted EBITDA margin of 22.7% Diluted EPS of $0.41 Record quarter for Adjusted Diluted EPS of $0.72, an increase of 13% year over year Cash provided by operating activities of $152 million, up 7% year over year Free cash flow of $107 million, up 6% year over year Total net leverage of 2.2x, the lowest in Axalta’s history “We delivered an excellent second quarter with record Adjusted EBITDA and Adjusted Diluted EPS, expanded margins and strong free cash flow generation demonstrating the earnings power of our business model” said Chris Villavarayan, Chief Executive Officer and President of Axalta. "Our team continues to drive operational excellence that underpins our consistent financial performance, and we carry solid momentum into the second half of the year.” Second Quarter 2026 Consolidated Financial Results Second quarter 2026 net sales increased $41 million to $1.35 billion driven by favorable foreign currency translation, contributions from acquisitions, and positive price mix. Net income decreased by $21 million year over year to $89 million resulting in a net income margin of 6.6%. The decrease was primarily driven by an incremental $31 million in merger and acquisition related costs. Adjusted net income, which excludes merger and acquisition related expenses, increased 10% year over year to $153 million driven by reduced operating expenses and lower interest expense. Adjusted EBITDA increased 5% year over year to $305 million, a quarterly record resulting in an Adjusted EBITDA margin of 22.7%, up 30 basis points from the prior year period. Diluted EPS declined to $0.41 from $0.50 in the prior year period due to higher merger and acquisition costs. Adjusted Diluted EPS was $0.72, a record quarter and an increase of 13% from last year driven primarily by strong conversion on higher sales and lower interest expense. Cash provided by operating activities was $152 million, an increase of 7% year over year primarily driven by improved working capital and lower interest payments. Free cash flow was $107 million, an increase of $6 million year over year, inclusive of the headwind from merger-related costs. Discussion of Segment Results Performance Coatings’ second quarter net sales were $872 million, up 4% year over year as favorable currency translation, contributions from acquisitions and positive price mix more than offset slightly lower volumes. Organic net sales increased year over year, supported by strong growth in Europe and Asia and favorable price mix partially offset by lower volumes in North America. Refinish net sales increased 6% year over year to $545 million, primarily driven by contributions from acquisitions, favorable price mix and foreign currency translation. Industrial net sales increased by 2% year over year to $327 million with positive volume growth in Europe and Asia and positive price mix more than offsetting lower volumes in North America. Performance Coatings Adjusted EBITDA increased 10% year over year to $218 million compared with $200 million in the prior year period. The increase was driven by favorable price mix and lower variable and operating expenses. Adjusted EBITDA margin improved 130 basis points year over year to 25.1%. Mobility Coatings achieved record quarterly net sales of $474 million, up 1% year over year. Light Vehicle net sales declined slightly reflecting lower organic sales, partially offset by favorable foreign currency. Commercial Vehicle net sales increased 7% year over year, driven by volume growth in all four regions and favorable foreign currency. Mobility Coatings delivered Adjusted EBITDA of $87 million with an Adjusted EBITDA margin of 18.4%. Stronger volumes in Commercial Vehicle were more than offset by favorable one-time items recorded in the second quarter of 2025 that did not repeat. “We look forward to Axalta's Special General Meeting on August 5 to approve the compelling merger of equals with AkzoNobel. This strategic combination creates a premier global coatings company and provides significant value creation opportunities for Axalta shareholders” said Chris Villavarayan, Chief Executive Officer and President of Axalta. Third Quarter and Full Year 2026 Outlook Axalta does not provide a reconciliation for non-GAAP estimates for Adjusted EBITDA, Adjusted Diluted EPS, Free Cash Flow or tax rate, as adjusted, on a forward-looking basis because the information necessary to calculate a meaningful or accurate estimation of reconciling items is not available without unreasonable effort. See “Non-GAAP Financial Measures” for more information. Conference Call Information As previously announced, Axalta will hold a conference call to discuss its second quarter 2026 financial results on Tuesday, July 28, 2026, at 8:00 a.m. ET. A live webcast of the conference call will be available online at www.axalta.com/investorcall. A replay of the webcast will be posted shortly after the call and will remain accessible through July 28, 2027. The dial-in phone number for the conference call is 1-833-419-0865 and the conference ID is AXALTA. For those unable to participate, a replay will be available through August 4, 2026. The replay dial-in number is +1-844-512-2921. The replay passcode is 11162143. Cautionary Statement Concerning Forward-Looking Statements This release may contain certain forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 regarding Axalta and its subsidiaries including, but not limited to, our outlook and/or guidance, which includes net sales growth, Adjusted EBITDA, Adjusted Diluted EPS, Free Cash Flow, depreciation and amortization, tax rate, as adjusted, diluted shares outstanding, interest expense and capital expenditures and statements regarding the proposed merger of equals (the “Proposed Merger”) with Akzo Nobel N.V. (“AkzoNobel”) (including our ability to consummate the Proposed Merger and realize the anticipated benefits thereof). Axalta has identified some of these forward-looking statements with words such as “outlook,” “proposed,” “anticipated,” “earnings power,” “momentum,” “opportunities,” and “projections,” and the negative of these words or other comparable or similar terminology. All of these statements are based on management’s expectations as well as estimates and assumptions prepared by management that, although they believe to be reasonable, are inherently uncertain. These statements involve risks and uncertainties, including, but not limited to, economic, competitive, governmental (including related to any new or existing tariffs imposed by the U.S. and any retaliatory actions from other countries), geopolitical (including the current conflict in the Middle East and related effects on commodity prices) and technological factors outside of Axalta’s control, as well as risks related to the execution of, and assumptions underlying, our tariff mitigation strategies, our capital allocation strategy and future share repurchases, our previously-announced global transformation initiative, our previously-announced three-year 2024-2026 strategy and the Proposed Merger (including our ability to consummate the Proposed Merger and realize the anticipated benefits thereof) that may cause its business, industry, strategy, financing activities or actual results to differ materially. More information on potential factors that could affect Axalta’s financial results is available in “Forward-Looking Statements,” “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” within Axalta’s most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q, and in other documents that we have filed with, or furnished to, the U.S. Securities and Exchange Commission (the “SEC”). More information on these risks, as well as other risks associated with the Proposed Merger, are also discussed in the definitive proxy statement/prospectus relating to the Proposed Merger, which was filed with the SEC on June 24, 2026. Axalta undertakes no obligation to update or revise any of the forward-looking statements contained herein, whether as a result of new information, future events or otherwise. Non-GAAP Financial Measures This release includes financial information that is not presented in accordance with generally accepted accounting principles in the United States (“GAAP”), including Adjusted EBITDA, Adjusted EBITDA margin, Adjusted Diluted EPS, adjusted net income, Free Cash Flow, total net leverage ratio (or “total net leverage”), tax rate, as adjusted, and Adjusted EBIT. Management uses Adjusted EBITDA, Adjusted EBITDA margin, Adjusted Diluted EPS, adjusted net income, tax rate, as adjusted, and Adjusted EBIT in the analysis of our financial and operating performance because they assist in the evaluation of underlying trends in our business. Management uses Free Cash Flow and total net leverage ratio in the analysis of (1) our liquidity, (2) our ability to incur and service our debt and (3) strategic capital allocation decisions. Adjusted EBITDA, Adjusted Diluted EPS, adjusted net income and Adjusted EBIT consist of EBITDA, Diluted EPS, net income attributable to common shareholders and EBIT, respectively, adjusted for (i) certain non-cash items included within net income, (ii) certain items Axalta does not believe are indicative of ongoing operating performance or (iii) certain nonrecurring, unusual or infrequent items that have not otherwise occurred within the last two years or we believe are not reasonably likely to recur within the next two years. Free Cash Flow consists of cash provided by (used for) operating activities less purchase of property, plant and equipment plus interest proceeds on swaps designated as net investment hedges. Total net leverage ratio consists of net debt divided by Adjusted EBITDA, with net debt defined as total debt less cash and cash equivalents. We believe that making the foregoing adjustments provides investors meaningful information to understand our operating results and ability to analyze financial and business trends on a period-to-period basis. The non-GAAP financial measures used by Axalta may differ from similarly titled measures reported by other companies. Adjusted EBITDA, Adjusted EBITDA margin, Adjusted Diluted EPS, adjusted net income, Free Cash Flow, total net leverage ratio, tax rate, as adjusted, and Adjusted EBIT should not be considered as alternatives to net sales, net income (loss), income (loss) from operations or any other financial measures derived in accordance with GAAP. These non-GAAP financial measures have important limitations as analytical tools and should be considered in conjunction with, and not as substitutes for, our results as reported under GAAP. This release includes a reconciliation of certain non-GAAP financial measures with the most directly comparable financial measures calculated in accordance with GAAP. Axalta does not provide a reconciliation for Adjusted EBITDA, Adjusted Diluted EPS, tax rate, as adjusted, or Free Cash Flow on a forward-looking basis because the information necessary to calculate a meaningful or accurate estimation of reconciling items is not available without unreasonable effort. For example, such reconciling items include the impact of foreign currency exchange gains or losses, gains or losses that are unusual or nonrecurring in nature, as well as discrete taxable events. These items are uncertain, depend on various factors and may have a substantial and unpredictable impact on our GAAP results. Organic Net Sales Organic net sales and related growth and decline measures are calculated by excluding (i) the impact of the change in average exchange rates between the current and comparable period by currency denomination exposure of the comparable period amount and (ii) net sales of businesses acquired within the last twelve months. We believe presenting organic net sales and related growth and decline measures assists investors with evaluating our sales performance without the impact of foreign exchange rates and recent acquisitions and divestitures of size, and management also routinely evaluates our sales in this manner. Segment Financial Measures The primary measure of segment operating performance is Adjusted EBITDA, which is a key metric that is used by management to evaluate business performance in comparison to budgets, forecasts and prior year financial results and that management believes reflects Axalta’s core operating performance. As we do not measure segment operating performance based on net income, a reconciliation of this non-GAAP financial measure with the most directly comparable financial measure calculated in accordance with GAAP is not available. Defined Terms All capitalized terms contained within this release that are not otherwise defined herein have been previously defined in our filings with the SEC. Rounding Certain amounts may not foot or crossfoot due to rounding. Additionally, certain percentages may not recalculate due to rounding. General Restrictions This communication is not for release, publication, or distribution, in whole or in part, in or into, directly or indirectly, any jurisdiction in which such release, publication, or distribution would be unlawful. This communication is not a prospectus and the information in this communication is not intended to be complete. This communication is for informational purposes only and is not intended to be and shall not constitute a solicitation of any vote or approval, or an offer to buy or sell, or the solicitation of an offer to buy or sell, any securities, or an invitation or recommendation to subscribe for, acquire or buy securities of Axalta or AkzoNobel or any other financial products or securities, in any place or jurisdiction, nor shall there be any offer, solicitation or sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the U.S. Securities Act of 1933, as amended (the “Securities Act”). Any decision to purchase, subscribe for, otherwise acquire, sell or otherwise dispose of any securities must be made only on the basis of the information contained in and incorporated by reference into the prospectus with respect to the shares to be allotted by AkzoNobel in the Proposed Merger, which was published on June 24, 2026 and supplemented on July 22, 2026. The distribution of this communication may, in some countries, be restricted by law or regulation. Accordingly, persons who come into possession of this document should inform themselves of and observe these restrictions. To the fullest extent permitted by applicable law, Axalta and AkzoNobel disclaim any responsibility or liability for the violation of any such restrictions by any person. Neither Axalta, nor AkzoNobel, nor any of their advisors assume any responsibility for any violation by any person of any of these restrictions. Shareholders of Axalta and AkzoNobel, respectively, with any doubt as to their position should consult an appropriate professional advisor without delay. This communication is addressed to and directed only at, persons who are outside the United Kingdom or, in the United Kingdom, at persons who are: (i) persons having professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”), (ii) persons falling within Article 49(2)(a) to (d) of the Order, or (iii) persons to whom it may otherwise lawfully be communicated pursuant to the Order (all such persons together being referred to as, “Relevant Persons”). This communication is directed only at Relevant Persons. Other persons should not act or rely on this communication or any of its contents. Any investment or investment activity to which this communication relates is available only to Relevant Persons and will be engaged in only with such persons. Solicitations resulting from this communication will only be responded to if the person concerned is a Relevant Person. Additional Information and Where to Find It In connection with the Proposed Merger between Axalta and AkzoNobel, AkzoNobel filed with the SEC a registration statement on Form F-4 on May 27, 2026, as amended on June 18, 2026, which included a proxy statement of Axalta that also constitutes a prospectus with respect to the shares to be offered by AkzoNobel in the Proposed Merger. The registration statement was declared effective by the SEC on June 23, 2026. In connection with the proposed transaction, on June 24, 2026, Axalta filed with the SEC a definitive proxy statement and, on or about June 24, 2026, Axalta commenced mailing the definitive proxy statement to its holders of record as of June 11, 2026. Each of Axalta and AkzoNobel will also file other relevant documents in connection with the Proposed Merger. This communication is not a substitute for any registration statement, proxy statement/prospectus or other documents Axalta and/or AkzoNobel may file with the SEC or any other competent regulator in connection with the Proposed Merger. This communication does not contain all the information that should be considered concerning the Proposed Merger and is not intended to form the basis of any investment decision or any other decision in respect of the Proposed Merger. BEFORE MAKING ANY VOTING OR INVESTMENT DECISIONS, INVESTORS, STOCKHOLDERS AND SHAREHOLDERS OF AXALTA AND AKZONOBEL ARE URGED TO READ CAREFULLY AND IN THEIR ENTIRETY THE PROXY STATEMENT/PROSPECTUS, AS APPLICABLE, AND ANY OTHER RELEVANT DOCUMENTS THAT ARE FILED OR WILL BE FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THESE DOCUMENTS, IN CONNECTION WITH THE PROPOSED TRANSACTION WHEN THEY BECOME AVAILABLE, AS THEY CONTAIN OR WILL CONTAIN IMPORTANT INFORMATION ABOUT AXALTA, AKZONOBEL, THE PROPOSED TRANSACTION AND RELATED MATTERS. The registration statement and proxy statement/prospectus and other relevant documents filed by Axalta and AkzoNobel with the SEC are available free of charge at the SEC’s website at www.sec.gov. In addition, investors and shareholders will be able to obtain free copies of the proxy statement/prospectus and other documents filed with the SEC from Axalta’s investor relations webpage at https://ir.axalta.com/sec-filings/all-sec-filings or from AkzoNobel’s investor relations webpage at https://www.akzonobel.com/en/investors/all-sec-filings. The contents of this communication should not be construed as financial, legal, business, investment, tax or other professional advice. Each recipient should consult with its own professional advisors for any such matter and advice Participants in the Solicitation This communication is not a solicitation of proxies in connection with the Proposed Merger. However, under SEC rules, Axalta, AkzoNobel and certain of their respective directors and executive officers and other members of their respective management and employees may be deemed to be participants in the solicitation of proxies in connection with the Proposed Merger. Information regarding the persons who may, under the rules of the SEC, be deemed participants in the solicitation of proxies in connection with the Proposed Merger, including a description of their direct or indirect interests in the Proposed Merger, by security holdings or otherwise, is set forth in the definitive proxy statement/prospectus relating to the Proposed Merger, which was filed with the SEC on June 24, 2026. Information about AkzoNobel’s supervisory board members and members of the board of management is set forth in AkzoNobel’s latest annual report, as filed with the AFM, the Dutch trade register and on its website at https://www.akzonobel.com/en/investors/results-center, and as updated from time to time via filings made by AkzoNobel with the AFM. Additional information regarding the interests of persons who may, under the rules of the SEC, be deemed participants in the solicitation of Axalta security holders in connection with the Proposed Merger, which may, in some cases, be different than those of Axalta’s shareholders generally, including a description of their direct or indirect interests, by security holdings or otherwise, will be set forth in the proxy statement/prospectus and other relevant materials when they are filed with the SEC. These documents can be obtained free of charge from the sources indicated above. About Axalta Coating Systems Axalta is a global leader in the coatings industry, providing customers with innovative, colorful, beautiful and sustainable coatings solutions. From light vehicles, commercial vehicles and refinish applications to electric motors, building facades and other industrial applications, our coatings are designed to prevent corrosion, increase productivity and enhance durability. With more than 150 years of experience in the coatings industry, the global team at Axalta continues to find ways to serve our more than 100,000 customers in over 140 countries better every day with the finest coatings, application systems and technology. For more information visit axalta.com and follow us @axalta on X. The following table reconciles net income to EBITDA, Adjusted EBITDA and segment Adjusted EBITDA for the periods presented (in millions): The following table reconciles net income to adjusted net income for the periods presented (in millions, except per share data): The following table reconciles cash provided by operating activities to free cash flow for the periods presented (in millions): The following table reconciles income from operations to adjusted EBIT for the periods presented (in millions):

Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Achieved record adjusted EBITDA of $305 million and a multi-year high margin of 22.7%, driven by disciplined cost execution and favorable business mix. Refinish segment growth of 6% was supported by the abatement of channel destocking and significant new business wins, including 1,900 net new body shops in the first half. Industrial margins expanded for the 13th consecutive quarter despite a choppy North American macro environment, fueled by strong Energy Solutions demand in Asia. Mobility segment reached record quarterly net sales of $474 million, benefiting from a ramp-up in North American Class 8 truck production and expansion in commercial transportation adjacencies. Operational excellence initiatives delivered the eighth consecutive quarter of lower operating expenses on a constant currency basis, alongside a 2% decline in variable input costs. Strategic focus on 'controlling the controllables' resulted in the lowest net leverage ratio in company history at 2.2x, strengthening the balance sheet ahead of the pending merger. Maintained full-year 2026 guidance despite geopolitical uncertainty in the Middle East and potential tariff impacts, prioritizing a prudent approach to volume assumptions. Expect third-quarter adjusted EBITDA between $295 million and $305 million, assuming low single-digit net sales growth and continued cost mitigation. Anticipate Refinish volumes to inflect to positive growth in the back half of the year as new body shop wins, including 800 locations across the MSO space, begin to contribute to the P&L. Projecting approximately $600 million in annual run-rate cost synergies from the AkzoNobel merger, with 90% expected to be captured within the first three years post-closing. Guidance assumes raw material inflation will be a mid-single-digit headwind for the full year, with peak P&L impact occurring in the third and fourth quarters. Incurred $31 million in transaction-related costs during the quarter associated with the pending merger of equals with AkzoNobel. Reduced gross debt by $80 million in the quarter, contributing to a 16% year-over-year reduction in interest expense. Special General Meeting for shareholder approval of the merger is scheduled for August 5, 2026, with a targeted closing in late 2026 or early 2027. Industrial volume weakness in North America is attributed to high interest rates impacting consumer confidence and residential building product demand. One stock. Nvidia-level potential. 30M+ investors trust Moby to find it first. Get the pick. Tap here. Management attributed the 6% free cash flow improvement to a 10% reduction in the cash conversion cycle, specifically cutting inventory by 8 days year-over-year. Excluding merger-related deal fees, free cash flow growth would have been approximately 20%. Management expects volumes to be flat in Q3 and turn positive in Q4 as the 2,700 new body shop wins secured year-to-date begin to scale. The volume outlook accounts for a projected mid-single-digit decline in overall collision claims, offset by market share gains and M&A in the distribution space. North American weakness is tied to the interest-rate-sensitive building products market, while European strength is driven by E-Coat and Asian growth by Energy Solutions. Management noted that while North America feels like it has 'hit bottom,' the business is positioned for significant margin expansion when the cycle turns. Solvents and monomers are seeing high single-digit to 20% inflation, but management believes current pricing actions are sufficient to cover the mid-single-digit gross headwind. Confirmed there was no significant 'pull forward' of orders in Q2 ahead of price increases, suggesting demand remains organic.

This article first appeared on GuruFocus. Adjusted EBITDA: Increased 5% to $305 million. Adjusted Diluted EPS: Improved 13% year-over-year to $0.72. Net Sales Growth: Increased 3% year-over-year. Adjusted EBITDA Margin: 22.7%, up 30 basis points from the prior year. Cash from Operations: $152 million. Free Cash Flow: $107 million, an improvement of 6% year-over-year. Net Income: $89 million, a decrease of $21 million versus the prior year. Adjusted Net Income: Increased 10% year-over-year to $153 million. Performance Coatings Net Sales: Increased 4% year-over-year. Refinish Net Sales: Increased 6% to $545 million. Industrial Net Sales: Increased 2% year-over-year to $327 million. Mobility Coatings Net Sales: Record second quarter net sales of $474 million. Commercial Vehicle Net Sales: Increased 7% year-over-year. Net Leverage Ratio: 2.2 times, the lowest in the company's history. Warning! GuruFocus has detected 3 Warning Signs with BMXMF. Is AXTA fairly valued? Test your thesis with our free DCF calculator. Release Date: July 28, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Axalta Coating Systems Ltd (NYSE:AXTA) reported a record adjusted EBITDA of $305 million, a 5% increase from the prior period. The company achieved a 13% year-over-year improvement in adjusted diluted EPS, reaching $0.72. Net sales grew by 3% year-over-year, with a notable adjusted EBITDA margin of 22.7%, the highest second quarter margin in many years. Axalta Coating Systems Ltd (NYSE:AXTA) delivered $152 million in cash from operations and $107 million in free cash flow, marking a 6% year-over-year improvement. The company secured significant business wins, including 1,900 new net Bodyshops in the first half of the year and approximately 800 new North American locations in July. Net income decreased by $21 million compared to the prior year period, primarily due to $31 million in transaction-related costs associated with the pending merger with AkzoNobel. Mobility segment experienced lower volumes in Light Vehicle sales, with net sales slightly declining. North America remains a challenging market for the Industrial segment, with lower volumes impacting performance. The company faces uncertainty due to geopolitical tensions in the Middle East, which could impact future performance. Foreign exchange tailwinds are expected to abate in the second half, potentially affecting revenue growth. Q: Refinish looked better than expected in Q2. With destocking headwinds easing, how do you feel about volumes for the second half? Can this business grow year-over-year, and what does the addition of 800 new stores mean for organic growth? A: Chrishan Villavarayan, CEO: We are optimistic about the second half. Collisions are aligning with expectations, and our strategy of acquisitions, new Bodyshop wins, adjacencies, and pricing is paying off. We have secured about 2,700 Bodyshops through July, surpassing our annual average. The 800 new MSO locations in North America will boost volume in the latter half of the year. We also expect benefits from acquisitions outside North America to continue. Q: Free cash flow was better than expected, primarily due to working capital. How did you manage this, and is it sustainable? A: Carl Anderson, CFO: We improved our cash conversion cycle by 10%, mainly by reducing inventory days by 8. Free cash flow increased by 6%, and excluding deal fees, it would have been up 20% year-over-year. Our leverage is at a record low of 2.2 times, reflecting our strong cash management. Q: Industrial volumes improved in Europe and Asia. What drove this, and where are you seeing strength? A: Chrishan Villavarayan, CEO: Volumes in Industrial were down 1%, but net sales were up 2% due to pricing and cost management. Europe saw growth driven by our E-Coat business, and Asia experienced six consecutive quarters of growth in Energy Solutions. North America remains choppy, but we are well-positioned for when demand recovers. Q: Can you discuss the cost execution and opportunities as you approach the merger with AkzoNobel? A: Carl Anderson, CFO: Cost management is a core focus across Axalta. We continue to drive efficiencies and see more opportunities for improvement. This strong foundation will benefit us as we integrate with AkzoNobel, enhancing our cost structure further. Q: How do you view the macroeconomic backdrop across regions, and are there any changes from previous expectations? A: Chrishan Villavarayan, CEO: The macroeconomic environment remains consistent with our previous outlook. Refinish claims are declining mid-single digits, Light Vehicle markets are down 1-2%, and Industrial is weak in North America but stable in Europe. We continue to monitor these trends closely. For the complete transcript of the earnings call, please refer to the full earnings call transcript.

Interested in Axalta Coating Systems Ltd.? Here are five stocks we like better. Axalta delivered solid Q2 results: Sales rose 3% to nearly $1.35 billion, adjusted EBITDA increased 5% to a record $305 million, and adjusted EPS climbed 13% to $0.72. Performance Coatings led growth, while Mobility reached record quarterly sales despite weaker Light Vehicle volumes. Cash flow and leverage improved significantly: Free cash flow increased 6% to $107 million, gross debt fell by $80 million, and net leverage reached a company-record low of 2.2 times. Management remains on track to reduce leverage below 2 times by the end of 2026. Full-year guidance was maintained amid rising costs and uncertainty: Axalta cited tariff, geopolitical and raw-material risks, including higher solvent and monomer costs. Shareholders will vote Aug. 5 on the proposed AkzoNobel merger, which is expected to generate about $600 million in annual run-rate synergies. Axalta Coating Systems (NYSE:AXTA) reported higher second-quarter sales, record adjusted EBITDA and its lowest net leverage ratio to date, while maintaining its full-year outlook amid uncertainty tied to tariffs, geopolitical tensions and raw-material costs. Chief Executive Officer Chris Villavarayan said the coatings maker’s adjusted EBITDA rose 5% from a year earlier to a record $305 million. Adjusted diluted earnings per share increased 13% to $0.72, while adjusted EBITDA margin expanded 30 basis points to 22.7%. → Volatility Is Back and These 3 Market Tollbooths Are Best Positioned to Profit Net sales increased 3% year over year to just under $1.35 billion, supported by foreign-exchange tailwinds, acquisitions and favorable price mix. Those factors were partly offset by lower volumes in Mobility and Industrial coatings. Net income declined by $21 million to $89 million, primarily because of $31 million in incremental transaction-related costs tied to Axalta’s proposed merger of equals with AkzoNobel. Cash provided by operating activities totaled $152 million in the quarter, while free cash flow was $107 million, up 7% and 6%, respectively, from the prior-year period. Chief Financial Officer Carl Anderson said the improvement reflected better working-capital performance and lower interest payments. → This Tiny AI Supplier Could Be More Important Than the Chipmakers Anderson said Axalta improved its cash conversion cycle by about 10% year over year and reduced inventory days by roughly eight days. Excluding deal-related fees, free cash flow would have risen close to 20% from a year earlier, he said. The company reduced gross debt by $80 million during the quarter and by $135 million through June. Interest expense in the first half was 16% lower than in the prior-year period. Net leverage ended the quarter at 2.2 times, the lowest level in Axalta’s history, and management said it remains on track to exit 2026 below 2 times. → 2 Stocks Built to Thrive If Inflation Refuses to Fade Performance Coatings net sales rose 4% year over year and 9% sequentially. Segment adjusted EBITDA increased 10% to $218 million, while adjusted EBITDA margin expanded 130 basis points to 25.1%. Refinish sales increased 6% to $545 million, supported by volume growth in three of four regions, positive price mix and the normalization of channel inventories in North America. Villavarayan said Europe, Axalta’s largest Refinish region, posted record quarterly sales. The company secured more than 1,900 net new body shops in the first half and approximately 800 additional North American locations in July associated with large multi-shop operators. Management later described the July wins as including a 600-body-shop customer among North America’s top five MSOs, along with another large North American MSO win. Villavarayan said destocking pressure was largely behind the business and expects Refinish volumes to be approximately flat in the third quarter before improving in the fourth quarter. For the second half, he expects volumes to be slightly higher despite an anticipated mid-single-digit decline in collision claims. Industrial sales rose 2% to $327 million, as volume growth in Europe and Asia and positive price mix more than offset weaker North American volumes. Villavarayan said Industrial volume was down about 1% in the second quarter, but cited European E-Coat demand and Asia Energy Solutions demand as areas of strength. North American Industrial conditions remain “choppy and challenged,” he said, particularly in building-products-related markets. Mobility Coatings generated record second-quarter sales of $474 million, up 1% from the prior year. Commercial Vehicle sales increased 7%, supported by volume growth in all four regions and favorable currency translation, while Light Vehicle sales declined slightly. Management said North American Class 8 truck production has begun improving and is expected to continue in the second half. Villavarayan also highlighted growth in commercial transportation solutions, including off-highway, military, ambulance, fire truck and recreational vehicle applications. That business now represents about half of Axalta’s Commercial Vehicle operations and was up 5% year over year, he said. Mobility adjusted EBITDA was $87 million and margin was 18.4%, up 90 basis points sequentially. Compared with a year earlier, higher Commercial Vehicle volumes were more than offset by favorable one-time items recorded in the second quarter of 2025 that did not recur. Anderson said the prior-year one-time benefit was about $7 million. Axalta retained its existing full-year outlook for sales, adjusted EBITDA, adjusted diluted EPS and free cash flow. Anderson said external forecasts and internal key performance indicators remain broadly consistent with the assumptions underlying prior guidance, but management cited uncertainty surrounding Iran, tariffs and broader Middle East geopolitical tensions. For the third quarter, Axalta expects low-single-digit year-over-year sales growth, adjusted EBITDA of $295 million to $305 million, and adjusted diluted EPS of about $0.70, up 4% from a year earlier. The company expects raw-material costs to represent a mid-single-digit headwind for the full year. The impact was low single digits in the second quarter and is expected to rise toward the high-single-digit range as the company exits the year. Anderson said solvent costs were up roughly 15% to 20%, while monomer costs were up in the high single digits, though management is not forecasting significant changes in overall raw-material price levels for the remainder of the year. Shareholders are scheduled to vote Aug. 5 on the proposed merger of equals with AkzoNobel. Axalta said regulatory reviews are continuing and the transaction remains on track to close in late 2026 or early 2027. Management continues to expect approximately $600 million of annual run-rate cost synergies, with about 90% captured within the first three years after closing. The company also cited potential revenue opportunities from cross-selling, technology sharing and expanded customer access. Axalta Coating Systems is a global leader in the development, manufacture and sale of liquid and powder coatings. The company's product portfolio spans refinish coatings for the automotive collision repair market, original equipment manufacturer (OEM) coatings for new vehicle production, and industrial coatings including electrodeposition (E-coat) and powder coatings for a variety of sectors such as architecture, heavy equipment and general industrial applications. Tracing its roots to the 19th century and rebranded as Axalta following its separation from DuPont Performance Coatings in 2013, the company has built a presence in more than 100 countries. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "Axalta Coating Systems Q2 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for July 2026.

Axalta Coating Systems (AXTA) came out with quarterly earnings of $0.72 per share, beating the Zacks Consensus Estimate of $0.65 per share. This compares to earnings of $0.64 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +10.77%. A quarter ago, it was expected that this high-performance coating system maker would post earnings of $0.5 per share when it actually produced earnings of $0.56, delivering a surprise of +12%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Axalta Coating Systems, which belongs to the Zacks Chemical - Specialty industry, posted revenues of $1.35 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 2.22%. This compares to year-ago revenues of $1.31 billion. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Axalta Coating Systems shares have added about 4.4% since the beginning of the year versus the S&P 500's gain of 8.3%. While Axalta Coating Systems has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Axalta Coating Systems was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.72 on $1.34 billion in revenues for the coming quarter and $2.59 on $5.23 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Chemical - Specialty is currently in the top 35% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Another stock from the same industry, Flexible Solutions International Inc. (FSI), has yet to report results for the quarter ended June 2026. This company is expected to post quarterly earnings of $0.01 per share in its upcoming report, which represents a year-over-year change of -93.3%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Flexible Solutions International Inc.'s revenues are expected to be $11.72 million, up 3.1% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Axalta Coating Systems Ltd. (AXTA) : Free Stock Analysis Report Flexible Solutions International Inc. (FSI) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research