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 ...

分组1 - Element Solutions reported quarterly earnings of $0.36 per share, exceeding the Zacks Consensus Estimate of $0.35 per share, and up from $0.31 per share a year ago, representing an earnings surprise of 2.86% [1] - The company posted revenues of $612.7 million for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 0.18%, and an increase from $586.1 million year-over-year [2] - Element Solutions has outperformed the S&P 500, with shares increasing about 16.4% since the beginning of the year compared to the S&P 500's gain of 14.5% [3] 分组2 - The current consensus EPS estimate for the upcoming quarter is $0.38 on revenues of $623.95 million, and for the current fiscal year, it is $1.41 on revenues of $2.42 billion [7] - The Zacks Industry Rank for Chemical - Specialty is in the top 38% of over 250 Zacks industries, indicating a favorable outlook for the industry [8] - Element Solutions has a Zacks Rank of 2 (Buy), suggesting that the stock is expected to outperform the market in the near future [6]

EXHIBIT 99.1 Element Solutions Inc Announces 2024 Second Quarter Financial Results Miami, Fla., July 29, 2024 -- Element Solutions Inc (NYSE:ESI) ("Element Solutions" or the "Company"), a global and diversified specialty chemicals company, today announced its financial results for the three and six months ended June 30, 2024. Executive Commentary President and Chief Executive Officer Benjamin Gliklich commented, "Element Solutions delivered an exceptional second quarter. Earnings growth accelerated despite ...

Core Insights - The consensus EPS estimate for the upcoming quarter has remained unchanged over the past 30 days, indicating a reassessment by analysts of their initial projections [1] - Analysts' projections for specific key metrics provide valuable insights into the company's performance [2] Financial Metrics - The estimated 'Net Sales- Electronics' is projected to reach $369.49 million, reflecting a year-over-year increase of +3.9% [3] - The consensus estimate for 'Adjusted EBITDA- Electronics' is $86.46 million, compared to $76.30 million reported in the same quarter last year [4] - The average prediction for 'Net Sales- Industrial & Specialty' is $242.11 million, indicating a year-over-year change of +5.1% [6] - The estimated 'Adjusted EBITDA- Industrial & Specialty' stands at $43.50 million, up from $39.80 million a year ago [7] Stock Performance - Shares of Element Solutions have decreased by -1.2% over the past month, while the Zacks S&P 500 composite has seen a -0.3% change [8] - The upcoming earnings report is expected to show quarterly earnings of $0.35 per share, representing a 12.9% increase compared to the previous year [8] - Analysts forecast revenues of $611.6 million, which is a 4.4% increase year over year [8]

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 ...