Element Solutions Sees FY23 Adj EPS $1.30 Vs $1.36 Est
Portfolio Pulse from Benzinga Newsdesk
Element Solutions has projected its FY23 adjusted EPS to be $1.30, which is lower than the estimated $1.36.
July 26, 2023 | 8:21 pm
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NEGATIVE IMPACT
Element Solutions' lower than expected FY23 adjusted EPS forecast may negatively impact its stock price.
Element Solutions' forecast of a lower than expected FY23 adjusted EPS indicates potential financial underperformance, which could lead to a decrease in investor confidence and a negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100