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

Element Solutions

26/10/2023 04:49

* Element Solutions Inc  ESI.N  reported quarterly adjusted
earnings of 36 cents​​ per share for the quarter ended in
September. The mean expectation of eight analysts for the
quarter was for earnings of 33 cents per share.
    * Revenue fell 3.1% to $599.30 million from a year ago;
analysts
expected $606.74 million. 
    * Element Solutions Inc's reported EPS for the quarter was a
loss
of 13 cents​.
    * The mean earnings estimate of analysts had fallen by
about 4.8%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * Element Solutions Inc shares had fallen by 6.4% this
quarter and
gained 0.9% so far this year.
    * The company reported a quarterly loss of $31.8 million.
    * Wall Street's median 12-month price target for Element
Solutions
Inc is $24.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
October 26 at 03:49 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.33           0.36           Beat
 Jun. 30 2023      0.31           0.31           Met
 Mar. 31 2023      0.29           0.30           Beat
 Dec. 31 2022      0.28           0.29           Beat