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

Element Solutions

26/10/2022 22:44

* Element Solutions Inc  ESI.N  reported quarterly adjusted
earnings of 36 cents​​ per share for the quarter ended in
September. The mean expectation of eleven analysts for the
quarter was for earnings of 36 cents per share.
    * Revenue rose 0.4% to $618.50 million from a year ago;
analysts
expected $649.65 million. 
    * Element Solutions Inc's reported EPS for the quarter was
22
cents​.
    * The mean earnings estimate of analysts had fallen by
about 9.3%
in the last three months.​ 
    * In the last 30 days six analysts negatively revised
earnings
estimates 
    * Element Solutions Inc shares had risen by 8.7% this
quarter and
lost 27.2% so far this year.
    * The company reported quarterly net income of $53.2
million.
    * Wall Street's median 12-month price target for Element
Solutions
Inc is $22.50 
    * 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 October
26 at 09:44 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.36           0.36           Met
 Jun. 30 2022      0.36           0.38           Beat
 Mar. 31 2022      0.35           0.38           Beat
 Dec. 31 2021      0.30           0.31           Beat