Element Solutions (ESI) Tops Q4 EPS by 1c

Element Solutions (NYSE: ESI) reported Q4 EPS of $0.31, $0.01 better than the analyst estimate of $0.30. Revenue for the quarter came in at $647 million versus the consensus estimate of $603.02 million.

GUIDANCE:

Element Solutions sees FY2022 EPS of $1.55-$1.60, versus the consensus of $1.59.

• For the full year 2022, the Company expects adjusted EBITDA to be in the range of $575 million to $590 million, adjusted EPS in the range of $1.55 to $1.60 and free cash flow in the range of $310 million to $325 million. These results, if achieved, would be new annual records since the launch of Element Solutions in 2019. In addition, the Company expects first quarter 2022 adjusted EBITDA to be approximately flat year-on-year at constant currency.

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

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