Element Solutions (ESI) Tops Q4 EPS by 2c, Offers Guidance

Element Solutions (NYSE: ESI) reported Q4 EPS of $0.22, $0.02 better than the analyst estimate of $0.20. Revenue for the quarter came in at $455 million versus the consensus estimate of $449.09 million.

GUIDANCE:

Element Solutions sees FY2020 EPS of $0.93-$0.97, versus the consensus of $0.95.

• For the full year 2020, the Company expects adjusted EPS to be in the range of $0.93 to $0.97, adjusted EBITDA growth of between 2% and 4% on a constant currency basis and organic net sales growth of approximately 1%. Based on year-end 2019 exchange rates, the Company anticipates foreign exchange headwinds of approximately 1% to net sales and 1% to adjusted EBITDA.

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

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