Element Solutions Q3 Adj $0.39 Beats $0.38 Estimate, Sales $645M Beat $626.46M Estimate
Portfolio Pulse from Benzinga Newsdesk
Element Solutions (NYSE:ESI) reported Q3 earnings of $0.39 per share, beating estimates of $0.38 and showing an 8.33% increase from last year. Sales were $645M, surpassing the $626.46M estimate and marking a 7.63% increase from the previous year.
October 28, 2024 | 8:16 pm
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POSITIVE IMPACT
Element Solutions reported better-than-expected Q3 earnings and sales, with EPS of $0.39 beating the $0.38 estimate and sales of $645M exceeding the $626.46M estimate. This indicates strong financial performance and growth compared to last year.
The company's earnings per share and sales both exceeded analyst expectations, which is typically a positive indicator for stock performance. The year-over-year growth in both metrics further supports a positive outlook.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100