Wall Street expects a year-over-year increase in earnings on higher revenues when Element Solutions (ESI) reports results for the quarter ended September 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on Octo ...

Shares of Element Solutions Inc ESI were climbing in early trading on Monday. Chipmakers are increasingly focused on reducing size and power consumption of chips, "much of which is enabled by ESI's materials," according to Seaport Research Partners. Analyst Michael Harrison initiated coverage of Element Solutions with a Buy rating and price target of $33. The Element Solutions Thesis: The transition towards advanced packaging is still in the initial stages and the company has "a broad portfolio, strong cust ...

Element Solutions Inc. (ESI) has agreed to sell its flexographic printing plate business, MacDermid Graphics Solutions, to XSYS — a global specialist provider in the flexographic printing space — for an enterprise value of around $325 million. The transfer involves substantially all of Graphics Solutions reporting vertical of Element Solutions. An existing capital loss is expected to offset almost all of the taxable benefits from this transaction. The net proceeds are intended to be used to further reduce l ...

Element Solutions Inc.'s (ESI) shares have risen 15.5% in the past three months, outperforming the industry's growth of 7.2%. Image Source: Zacks Investment Research Let's take a look at the factors driving the stock's price appreciation. What's Driving ESI? Element Solutions is on track to achieve record-adjusted EBITDA in 2024, driven by strong execution and strategic positioning in the electronics sector, which underpins its robust long-term growth outlook. The company has revised its 2024 adjusted EBITD ...

A month has gone by since the last earnings report for Element Solutions (ESI) . Shares have added about 0.1% 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 drivers. Element's Q2 Earnings and Revenues Surp ...

Element Solutions Inc. (ESI) experienced a 11.3% increase in its stock value in the past six months, driven by robust financial results in the second quarter and raised financial guidance for 2024. The stock offers an attractive investment opportunity with strong growth prospects, as reflected in its Zacks Rank #1 (Strong Buy). Positive Earnings Surprise History ESI outperformed the Zacks Consensus Estimate in three of the last four quarters while matching the same on the remaining occasion. It delivered a ...

Core Viewpoint - Element Solutions Inc. (ESI) has seen a significant stock price appreciation of 11.5% over the past six months, outperforming the industry's decline of 22.3% [1] Group 1: Financial Performance - The company is on track to achieve record adjusted EBITDA in 2024, with an upward revision of its forecast from $515-$530 million to $530-$545 million [2] - Adjusted earnings per share (EPS) for 2024 are projected to be between $1.40 and $1.46, with expected free cash flow of $280-$300 million [2] - In Q2 2024, ESI reported an adjusted EPS of 36 cents, exceeding the Zacks Consensus Estimate of 35 cents [3] - Net sales for Q2 2024 reached $612.7 million, a 5% year-over-year increase, surpassing the Zacks Consensus Estimate of $611.6 million [3] - Organic net sales grew by 4%, while adjusted EBITDA rose by 16% year-over-year to $135 million [3] Group 2: Market Dynamics - The company benefited from a recovery in the electronics markets during Q2, with high-value end markets contributing to a favorable product mix [4] - Sales in the Electronics segment grew by 10% year-over-year to $391.7 million, with organic net sales rising 7% from last year's figures [4] Group 3: Earnings Surprises and Estimates - Element Solutions has beaten estimates in three of the last four quarters, delivering a trailing four-quarter average earnings surprise of 3.8% [5] - The Zacks Consensus Estimate for its 2024 EPS stands at $1.42, reflecting a 10% year-over-year increase [5]

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 June 30, 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) (State or other jurisdiction of incorpor ...

The reported revenue represents a surprise of +0.18% over the Zacks Consensus Estimate of $611.6 million. With the consensus EPS estimate being $0.35, the EPS surprise was +2.86%. Here is how Element Solutions performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Shares of Element Solutions have returned -0.7% over the past month versus the Zacks S&P 500 composite's -0.2% change. The stock currently has a Zacks Rank #2 (Buy), indicating t ...

Element Solutions (ESI) came out with quarterly earnings of $0.36 per share, beating the Zacks Consensus Estimate of $0.35 per share. This compares to earnings of $0.31 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 2.86%. A quarter ago, it was expected that this specialty chemical and printing products would post earnings of $0.32 per share when it actually produced earnings of $0.34, delivering a surprise of 6.25%. Over th ...