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.

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.

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).

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.

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

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