Earnings Outlook For Element Solutions
Portfolio Pulse from Benzinga Insights
Element Solutions (NYSE:ESI) is set to release its latest quarterly earnings report on October 25, 2023. Analysts estimate an earnings per share (EPS) of $0.33. The company's past performance shows a pattern of share price increase following earnings announcements, even when EPS estimates were met exactly. The stock is currently trading at $18.18 and has seen a 2.64% increase over the last 52-week period.
October 24, 2023 | 4:02 pm
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Element Solutions is expected to announce its Q3 earnings on October 25, 2023. The company's stock price has historically increased following earnings announcements. The stock is currently trading at $18.18.
The upcoming earnings announcement is highly relevant to Element Solutions' stock price. Historically, the company's stock price has increased following earnings announcements, even when EPS estimates were met exactly. This suggests that investors have positive expectations for the company's financial performance. The stock's current trading price and its 2.64% increase over the last 52-week period further support this view.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100