Recap: Element Solutions Q4 Earnings
Portfolio Pulse from Benzinga Insights
Element Solutions (NYSE:ESI) reported Q4 earnings with an EPS of $0.32, missing estimates by 3.03% against an expected $0.33. Revenue decreased by $400 thousand from the previous year. Despite beating EPS estimates in Q3 2023, this quarter's miss contrasts with its past performance.
February 20, 2024 | 9:20 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Element Solutions reported a miss in Q4 earnings with an EPS of $0.32 against estimates of $0.33 and a slight revenue decline from last year.
Missing earnings estimates, especially following a quarter where expectations were exceeded, can lead to negative investor sentiment and potentially a decrease in stock price in the short term. The slight revenue decline further compounds this outlook.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100