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

Element Solutions

27/07/2022 23:21

* Element Solutions Inc  ESI.N  reported quarterly adjusted
earnings of 38 cents​​ per share for the quarter ended in June.
The mean expectation of ten analysts for the quarter was
for earnings of 36 cents per share.
    * Revenue rose 15.4% to $676.90 million from a year ago;
analysts
expected $681.90 million. 
    * Element Solutions Inc's reported EPS for the quarter was
26
cents​.
    * The mean earnings estimate of analysts had fallen by
about 2.8%
in the last three months.​ 
    * In the last 30 days five analysts negatively revised
earnings
estimates 
    * Element Solutions Inc shares had risen by 7.5% this
quarter and
lost 21.2% so far this year.
    * The company reported quarterly net income of $63.4
million.
    * Wall Street's median 12-month price target for Element
Solutions
Inc is $26.00 
    * 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." 

This summary was machine generated from Refinitiv data July 27
at 10:20 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.36           0.38           Beat
 Mar. 31 2022      0.35           0.38           Beat
 Dec. 31 2021      0.30           0.31           Beat
 Sep. 30 2021      0.34           0.35           Beat