Core Viewpoint - Wall Street anticipates flat earnings for Element Solutions (ESI) in the upcoming quarter, with earnings expected to be $0.36 per share and revenues projected at $604.97 million, reflecting a 1.3% decline year-over-year [3][12]. Earnings Expectations - The consensus EPS estimate has been revised 1.75% higher in the last 30 days, indicating a positive reassessment by analysts [4]. - The stock may experience upward movement if actual earnings exceed expectations, while a miss could lead to a decline [2][12]. Earnings Surprise Prediction - Element Solutions has an Earnings ESP of +1.41%, suggesting a likelihood of beating the consensus EPS estimate [12]. - The company holds a Zacks Rank of 2, which further supports the potential for a positive earnings surprise [12][10]. Historical Performance - In the last reported quarter, Element Solutions had an earnings surprise of +3.03%, with actual earnings of $0.34 per share compared to an expected $0.33 [13]. - Over the past four quarters, the company has surpassed consensus EPS estimates three times [14]. Industry Context - In the Zacks Chemical - Specialty industry, Ashland (ASH) is expected to report earnings of $1.15 per share, reflecting a year-over-year decline of 22.8% [18]. - Ashland's consensus EPS estimate has been revised down by 2% in the last 30 days, and it currently has an Earnings ESP of -8.62% with a Zacks Rank of 5, indicating challenges in beating the consensus estimate [19].
Element Solutions (ESI) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 Release