Element Solutions Inc reports results for the quarter ended December 31 - Earnings Summary

Element Solutions

18/02/2025 22:44

* Element Solutions Inc  ESI.N  reported quarterly adjusted
earnings of 35 cents​​ per share for the quarter ended December
31, higher than the same quarter last year, when the company
reported EPS of 32 cents.  The mean expectation of
eleven analysts for the quarter was for earnings of 35 cents per
share. Wall Street expected results to range from 33 cents to 36
cents per share.
    * Revenue rose 8.9% to $624.20 million from a year ago;
analysts
expected $595.78 million. 
    * Element Solutions Inc's reported EPS for the quarter was
23
cents​.
    * The company reported quarterly net income of $54.7
million.
    * Element Solutions Inc shares had risen by 2.8% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.5%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the specialty
chemicals
peer group is also "buy"

Wall Street's median 12-month price target for Element Solutions
Inc is $31.00 
This summary was machine generated from LSEG data February 18 at
10:43 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.35           0.35           Met
 Sep. 30 2024      0.38           0.39           Beat
 Jun. 30 2024      0.35           0.36           Beat
 Mar. 31 2024      0.32           0.34           Beat