The Q2 earnings report for Element Solutions (NYSE:ESI) was released on Monday, July 29, 2024 at 04:15 PM.

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

Earnings

Element Solutions beat estimated earnings by 3.0%, reporting an EPS of $0.36 versus an estimate of $0.35.

Revenue was up $26.60 million from the same period last year.

Overview of Past Earnings

In the previous quarter, the company beat on EPS by $0.02, resulting in a 4.0% drop change in the share price the following day.

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

Peer Performance in Recent Earnings

With Element Solutions's earnings data in hand, it's essential to compare its metrics to those of similar companies, including Quaker Houghton, Innospec, and Minerals Technologies.

In-depth Analysis: Competitors' Quarterly Earnings and Stock Performance

This analysis provides insights into the market's response to the latest earnings releases of key competitors. It highlights the expected and announced earnings per share (EPS) for each company, along with the corresponding stock prices at the close of the announcement day and the open of the following trading day.

Comparative Assessment: Estimated in Comparison with Actual Peer Revenues

Below is a comparison of estimated and announced revenue figures for Element Solutions's peers. This comparison gives insights into the revenue performance of these companies, providing valuable context for understanding their financial standing within the industry.

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.