Recap: Element Solutions Q4 Earnings

 

Element Solutions ESI reported its Q4 earnings results on Tuesday, February 22, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Earnings

Element Solutions beat estimated earnings by 3.33%, reporting an EPS of $0.31 versus an estimate of $0.3.

Revenue was up $110.30 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.01 which was followed by a 2.53% increase in the share price the next day.

Here's a look at Element Solutions's past performance:

 

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021 Q4 2020
EPS Estimate 0.30 0.34 0.34 0.31 0.28
EPS Actual 0.31 0.35 0.35 0.37 0.31
Revenue Estimate 603.02M 578.47M 542.37M 505.26M 495.11M
Revenue Actual 646.90M 616.20M 586.60M 550.10M 536.60M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

Element Solutions management provided guidance for their next quarter, expecting earnings between $1.55 and $1.6 per share for the next quarter.

This represents a 408.06% in quarter-over-quarter growth for Element Solutions, a bullish signal to many investors.

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Posted In: EarningsNewsBZI-Recaps
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