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

Element Solutions

21/02/2023 22:53

* Element Solutions Inc  ESI.N  reported quarterly adjusted
earnings of 29 cents​​ per share for the quarter ended in
December. The mean expectation of eleven analysts for the
quarter was for earnings of 28 cents per share.
    * Revenue fell 11.3% to $573.80 million from a year ago;
analysts
expected $590.46 million. 
    * Element Solutions Inc's reported EPS for the quarter was 5
cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.8%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Element Solutions Inc shares had risen by 10.7% this
quarter.
    * The company reported quarterly net income of $12.7
million.
    * Wall Street's median 12-month price target for Element
Solutions
Inc is $22.00 
    * 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." 

This summary was machine generated from Refinitiv data February
21 at 10:53 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.28           0.29           Beat
 Sep. 30 2022      0.36           0.36           Met
 Jun. 30 2022      0.36           0.38           Beat
 Mar. 31 2022      0.35           0.38           Beat