Element Solutions Inc expected to post earnings of 36  cents a share - Earnings Preview

Element Solutions

26/07/2022 03:06

* Element Solutions Inc  ESI.N   ESI  is expected to show a
rise
in quarterly revenue when it reports  results on July 27. 
    * The Fort Lauderdale Florida-based  company is expected to
report
 a 16.2% increase in revenue to $681.9 million from $586.6
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 36 cents per share. For the same quarter last
year, the company reported earnings of 35 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 2
"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​, above​ its last closing price of $19.10. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  0.35        0.35       0.38      Beat    8.2
 Dec. 31 2022  0.30        0.30       0.31      Beat    4.1
 Sep. 30 2021  0.34        0.34       0.35      Beat    3.6​
 Jun. 30 2021  0.34        0.34       0.35      Beat    2.6
 ​​Mar.        0.31        0.31       0.37      Beat    18.9
 31 2021                                                
 Dec. 31 2020  0.29        0.28       0.31      Beat    9.3​
 Sep. 30 2020  0.21        0.21       0.22      Beat    7.3
 Jun. 30 2020  0.14        0.14       0.18      Beat    29.7
 This summary was machine generated July 26 at 02:06 GMT.  All
figures in US dollars  unless otherwise stated