Element Solutions Inc Stock Price, News & Analysis

Element Solutions Inc (NYSE:ESI) reported third quarter 2022 net sales of $619 million, flat year-over-year, but up 5% organically. The company achieved a GAAP diluted EPS of $0.22, compared to $0.15 in Q3 2021, and adjusted EPS of $0.36 versus $0.34. Net income rose to $53 million from $36 million. Adjusted EBITDA was $134 million, reflecting an 11% increase on a constant currency basis. Despite macro challenges, the company anticipates full-year adjusted EBITDA between $525 million and $530 million, with a lower Q4 outlook.

Element Solutions Inc (NYSE:ESI) will release its 2022 third quarter financial results on October 26, 2022, after market close. A conference call discussing the results will take place the next day, October 27, 2022, at 8:30 a.m. ET. The call will be led by CEO Benjamin Gliklich and CFO Carey J. Dorman. Investors can join via telephone or listen to a live webcast on the company's website. A replay will be available afterward. For more details, visit elementsolutionsinc.com.

Element Solutions Inc (NYSE:ESI) will have its CEO, Benjamin Gliklich, participate in a fireside chat at the Credit Suisse 35th Annual Specialties & Basics Conference on September 13, 2022, at 11:45 a.m. EST. A live audio webcast will be available on the company’s investors page.

Element Solutions is a leading specialty chemicals firm, providing solutions for industries like consumer electronics, automotive, and offshore energy, enhancing product performance.

Element Solutions Inc (NYSE: ESI) has declared a quarterly cash dividend of $0.08 per share, set to be paid on September 15, 2022. This dividend will benefit stockholders recorded as of the close of business on September 1, 2022. As a prominent player in the specialty chemicals industry, the company caters to various sectors including consumer electronics and automotive systems, supporting enhanced performance in everyday products.

Element Solutions Inc (NYSE:ESI) announces CEO Benjamin Gliklich's participation in a fireside chat at the KeyBanc Capital Markets Technology Leadership Forum in Vail, Colorado on August 8, 2022, at 10:30 a.m. MDT. A live video webcast and replay will be accessible on the company’s investor relations page. Element Solutions specializes in providing innovative specialty chemicals that enhance products across various industries, including consumer electronics and automotive systems.

Element Solutions Inc (NYSE:ESI) reported net sales of $677 million for Q2 2022, a 15% increase year-over-year. While GAAP diluted EPS dropped to $0.25 from $0.32, adjusted EPS rose to $0.38 from $0.35. The company faced a $35 million foreign exchange headwind impacting adjusted EBITDA, revising guidance down to $565 million to $575 million. Despite challenges, growth persisted in Electronics, with net sales of $439 million and adjusted EBITDA of $102 million. The company repurchased 2.2 million shares in Q2, indicating a commitment to shareholder value.

Element Solutions (NYSE:ESI) announced it will release its 2022 second quarter financial results after market close on July 27, 2022.

A webcast/dial-in conference call is scheduled for 8:30 a.m. ET on July 28, 2022, featuring CEO Benjamin Gliklich and CFO Carey J. Dorman. Participants can join by dialing 800-343-1703 (domestic) or 203-518-9859 (international). The call will also be available via webcast on the company’s website.

Element Solutions Inc (NYSE: ESI) has declared a quarterly cash dividend of $0.08 per share, set for payment on June 15, 2022, to shareholders of record by the close of business on June 1, 2022. This announcement underscores the company's commitment to returning value to its shareholders through consistent dividend payments.

Element Solutions (NYSE:ESI) reported net sales of $680 million for Q1 2022, a 24% increase year-over-year, with 7% organic growth. GAAP diluted EPS was $0.23, down from $0.33, while adjusted EPS rose to $0.38. Net income decreased to $56 million from $82 million, attributed to a lack of prior year foreign exchange gains. Adjusted EBITDA increased by 9% to $145 million. The company raised its adjusted EBITDA guidance to $580-$590 million despite increased FX headwinds. The electronics segment saw 21% net sales growth, underlining strong demand.