Element Solutions Inc expected to post earnings of 33 cents a share - Earnings Preview

Element Solutions

16/02/2024 21:09

* Element Solutions Inc  ESI.N   ESI  is expected to show a
rise
in quarterly revenue when it reports  results on February 20 for
the period ending December 31 2023
    * The Fort Lauderdale Florida-based  company is expected to
report
a 2.9% increase in revenue to $590.633 million from $573.8
million a year ago, according to the mean estimate from 7
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Element Solutions Inc is
for
earnings of 33 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 1
"hold" and no "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 $26.00​, above​ its last closing price of $23.84. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.33        0.33       0.36      Beat    7.9
 Jun. 30 2023  0.31        0.31       0.31      Met     -0.2
 Mar. 31 2023  0.29        0.29       0.30      Beat    3.3​
 Dec. 31 2022  0.28        0.28       0.29      Beat    2.4
 ​​Sep.        0.35        0.36       0.36      Met     1
 30 2022                                                
 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
 This summary was machine generated February 16 at 21:09 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)