Element Solutions (ESI) Tops Q1 EPS by 3c

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Element Solutions Inc Announces 2022 First Quarter Financial Results  

April 27, 2022 4:30 PM EDT

Net sales of $680 million, an increase of 24% from the first quarter last year on a reported basis or an increase of 7% on an organic basis GAAP diluted EPS of $0.23, compared to $0.33 in the same period last year; adjusted EPS of $0.38, compared to $0.37 in the same period last year Reported net income of $56 million, compared to $82 million in the same period last year Adjusted EBITDA of $145 million, an increase of 9% from the first quarter last year on a constant currency basis Increases bottom-end of full-year 2022 guidance for adjusted EBITDA to $580... More