Element Solutions Inc expected to post earnings of 28cents a share - Earnings Preview

Element Solutions

17/02/2023 22:13

* Element Solutions Inc  ESI.N   ESI  is expected to show a
fall
in quarterly revenue when it reports  results on February 21. 
    * The Fort Lauderdale Florida-based  company is expected to
report
 a 8.7% decrease in revenue to $590.464 million from $646.9
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Element Solutions
Inc is
for earnings of 28 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Element
Solutions
Inc is $22​, above​ its last closing price of $20.13. ​​​

The company's guidance on October 26 2022 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of of USD122.4 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  0.35        0.36       0.36      Met     1
 Jun. 30 2022  0.36        0.36       0.38      Beat    5
 Mar. 31 2022  0.35        0.35       0.38      Beat    8.2​
 Dec. 31 2021  0.30        0.30       0.31      Beat    4.1
 ​​Sep.        0.34        0.34       0.35      Beat    3.6
 30 2021                                                
 Jun. 30 2021  0.34        0.34       0.35      Beat    2.6​
 Mar. 31 2021  0.31        0.31       0.37      Beat    18.9
 Dec. 31 2020  0.29        0.28       0.31      Beat    9.3
 This summary was machine generated February 17 at 22:13 GMT. 
All figures in US dollars  unless otherwise stated