Recap: Element Solutions Q4 Earnings

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Element Solutions ESI reported its Q4 earnings results on Tuesday, February 20, 2024 at 04:15 PM.

Here's what investors need to know about the announcement.

Earnings

Element Solutions missed estimated earnings by 3.03%, reporting an EPS of $0.32 versus an estimate of $0.33.

Revenue was down $400 thousand from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.03 which was followed by a 3.86% increase in the share price the next day.

Here's a look at Element Solutions's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 0.33 0.31 0.29 0.28
EPS Actual 0.36 0.31 0.30 0.29
Revenue Estimate 606.74M 607.99M 594.53M 590.46M
Revenue Actual 599.30M 586.10M 574.40M 573.80M

To track all earnings releases for Element Solutions visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Posted In: EarningsBZI-Recaps
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