Element Solutions Sees FY24 Adj. EBITDA $535M-$540M, Free Cash Flow $280M-$300M
Portfolio Pulse from Benzinga Newsdesk
Element Solutions projects its FY24 adjusted EBITDA to be between $535 million and $540 million, with free cash flow expected to range from $280 million to $300 million.
October 28, 2024 | 8:17 pm
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POSITIVE IMPACT
Element Solutions has provided a financial forecast for FY24, projecting adjusted EBITDA between $535 million and $540 million, and free cash flow between $280 million and $300 million.
The financial forecast indicates a positive outlook for Element Solutions, with strong adjusted EBITDA and free cash flow projections. This suggests potential growth and stability, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100