Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period. While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights. Analysts predict that the 'Net Sales- Electronics' will reach $369.49 million. The estimate suggests a ...

Element Solutions is one of 238 individual stocks in the Basic Materials sector. Collectively, these companies sit at #8 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups. Within the past quarter, the Zacks Consensus Estimate for ESI's full-year earnings has moved 2.4% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend. One other Basic M ...

Image Source: Zacks Investment Research What's Driving Element Solutions? Despite this, Element Solutions expects to achieve record adjusted EBITDA in 2024, the highest since its inception in 2019, bolstering confidence in its long-term growth potential. The company increased its 2024 adjusted EBITDA forecast from a range of $515-$530 million to a revised range of $530-$545 million. The company also projects 2024 adjusted earnings per share (EPS) between $1.40 and $1.46. During the first quarter, the compan ...

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simonkr/E+ via Getty Images A Welcome Boost To The Outlook As wafer-level packaging and physical media demand improves, challenges remain in many of ESI's other businesses, and these challenges seem likely to persist at least through 2024. ESI is also solidly leverage to lightweighting (replacing metal components with lighter metals or plastic components), including the company's leading position in metal finishing that allows auto OEMs to replace metal parts with plastics that at least look like metal. In ...

Element Solutions Inc's (ESI) shares reached a fresh 52-week high of $27.08 on Jun 13, before closing at $26.75. What's Driving Element Solutions? Despite this, Element Solutions expects to achieve record adjusted EBITDA in 2024, the highest since its inception in 2019, bolstering confidence in its long-term growth potential. The company has increased its 2024 adjusted EBITDA forecast from a range of $515 million to $530 million to a revised range of $530 million to $545 million. The company also projects 2 ...

Element Solutions (ESI) shares ended the last trading session 13.6% higher at $26.95. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 0.2% gain over the past four weeks. ESI's stock popped after the company raised its guidance for the second quarter and full-year 2024. The company now anticipates adjusted EBITDA to be approximately $135 million for the second quarter, up from $125 million expected earlier. Despite ...

Element Solutions Inc. (ESI) announced an upward revision of its guidance for the second quarter and full year 2024. The company now anticipates adjusted EBITDA to be approximately $135 million for the second quarter, up from $125 million expected earlier. The company has increased its full-year 2024 adjusted EBITDA forecast from a range of $515 million to $530 million to a revised range of $530 million to $545 million. Additionally, ESI now projects 2024 adjusted EPS to be in the range of $1.40-$1.46. Desp ...

A month has gone by since the last earnings report for Element Solutions (ESI) . Shares have added about 4.1% in that time frame, underperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Element Solutions due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Element's Q1 Earnings Surpass Estimat ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q _______________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-36272 Element Solutions Inc (Exact name of Registrant as specified in its charter) Delaware 37-1744899 (State or other jur ...