Axalta Coating Systems Ltd. (AXTA)

Axalta Coating Systems beat expectations on both the top and bottom line in the second fiscal quarter of 2026, based on preliminary results reported July 28, as adjusted EPS of $0.72 topped the $0.65 estimate by about 11% and revenue of roughly $1.3 billion edged the roughly $1.3 billion consensus by about 2%. Revenue rose about 3% from about $1.3 billion a year earlier, with EMEA the largest region at about $488 million and up about 9%, while gross margin held near 35% and operating margin near 12%. Operating income came in at about $167 million, net income was about $89 million, down about 18% from about $109 million a year ago, and operating cash flow was about $152 million. Next-period consensus calls for EPS of $0.72 on revenue of $1.34 billion.