Element Solutions (ESI) Tops Q1 EPS by 2c; updates guidance

Element Solutions (NYSE: ESI) reported Q1 EPS of $0.34, $0.02 better than the analyst estimate of $0.32. Revenue for the quarter came in at $575 million versus the consensus estimate of $588.07 million.

GUIDANCE

The Company now expects full year 2024 adjusted EBITDA to be in the range of $515 million to $530 million and free cash flow to be in the range of $280 million to $300 million. The Company expects second quarter 2024 adjusted EBITDA to be approximately $125 million, or roughly flat to the first quarter on a constant currency basis.

For earnings history and earnings-related data on Element Solutions (ESI) click here.

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