Welcome to our dedicated page for Element Solutions news (Ticker: ESI), a resource for investors and traders seeking the latest updates and insights on Element Solutions stock.
Element Solutions Inc (NYSE: ESI) is described in its own disclosures as a global and diversified specialty chemicals or specialty chemical technology company. Its news flow reflects this focus on specialized materials and technologies that support manufacturing in consumer electronics, power electronics, semiconductor fabrication, communications and data storage infrastructure, automotive systems, industrial surface finishing, consumer packaging in some descriptions, and offshore energy.
News about Element Solutions Inc often covers financial results and outlook, including quarterly earnings releases and guidance updates. The company files Form 8-K reports to furnish press releases on its results and to discuss non-GAAP measures such as adjusted EBITDA. Investors following ESI can use these updates to track trends in its Electronics and Specialties (formerly Industrial & Specialty) segments and to see how management characterizes demand in key end markets.
Another recurring theme in Element Solutions news is capital allocation and corporate actions. The company has announced quarterly cash dividends on its common stock and has communicated plans for debt financing, such as an add-on to an existing senior secured term loan B, with stated intentions to fund acquisitions. These items appear alongside commentary on leverage, cash flow, and other financial considerations in the company’s own materials.
Element Solutions also issues news about strategic acquisitions and portfolio evolution. Recent releases describe a completed acquisition of EFC Gases & Advanced Materials, which brings high-purity specialty and rare gases and advanced materials into the Specialties segment, and a signed agreement to acquire Micromax, a business providing advanced electronic inks and pastes that is expected to join the MacDermid Alpha Electronics Solutions business within the Electronics segment upon closing. Conference participation announcements and investor event schedules provide additional context for how the company engages with the investment community.
For readers and investors, the ESI news feed offers a centralized view of these developments, from earnings and dividends to acquisitions and segment updates, based on information directly released by the company and referenced in its SEC filings.
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.
Element Solutions Inc (NYSE:ESI) is scheduled to announce its 2022 first quarter financial results after the market closes on April 27, 2022. A conference call will take place at 8:30 a.m. ET on April 28, 2022, featuring President and CEO Benjamin Gliklich and CFO Carey J. Dorman. Interested parties can listen via telephone or through a live webcast on the company’s website. A replay will be available shortly after the call.
Element Solutions is a leading specialty chemicals firm providing innovative solutions across various industries.
Element Solutions reported 2021 net sales of $2.40 billion, a 29% increase from 2020. GAAP diluted EPS rose to $0.82 from $0.31. Adjusted EPS jumped 44% to $1.38. A net income of $203 million was recorded versus $77 million in 2020. The company projects 2022 adjusted EBITDA between $575 million and $590 million, with adjusted EPS expected at $1.55 to $1.60. Notably, free cash flow is anticipated to rise to $310 million to $325 million. The company also announced a cash dividend of $0.08 per share.