Element Solutions (ESI) Ups View, Sees Record EBITDA in FY24

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 ...