Element Solutions (ESI) Tops Q3 EPS by 1c; updates guidance

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Goldman Sachs Reiterates Neutral Rating on Element Solutions (ESI)

October 29, 2024 6:18 AM EDT

Goldman Sachs analyst Duffy Fischer reiterated a Neutral rating and $30.00 price target on Element Solutions (NYSE: ESI)

The analyst comments "1) Results: ESI (Neutral) reported 3Q24 adjusted EBITDA of $143m vs. Bloomberg consensus estimate of $145m. This was a solid result given the mixed electronic backdrop and weak industrial & auto end markets,... More