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

Element Solutions

28/04/2022 07:08

* Element Solutions Inc  ESI.N  reported quarterly adjusted
earnings of 38 cents​​ per share for the quarter ended in March.
The mean expectation of nine analysts for the quarter was
for earnings of 35 cents per share.
    * Revenue rose 23.7% to $680.20 million from a year ago; 
analysts
expected $642.03 million. 
    * Element Solutions Inc's reported EPS for the quarter was
23
cents​.
    * The mean earnings estimate of analysts had fallen by
about 6.2%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Element Solutions Inc shares had fallen by 8.6% this
quarter and
lost 17.6% so far this year.
    * The company reported quarterly net income of $56.1
million.
    * Wall Street's median 12-month price target for Element
Solutions
Inc is $28.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated April 28 at 06:08 a.m.  ​All
figures in US dollars unless otherwise stated