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Chris Villavarayan
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Axalta Q1 EPS Beats, Guidance In Line
Axalta posted Q1 adjusted EPS $0.56, topping the $0.50 consensus by $0.06. Revenue reached $1.25 bn, beating the $1.21 bn estimate despite a 0.6% YoY decline. Adjusted EBITDA fell to $259 mn (20.6% ma