Element Solutions: Q1 Earnings Insights

Element Solutions ESI reported its Q1 earnings results on Wednesday, April 27, 2022 at 04:00 PM.

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

Element Solutions beat estimated earnings by 8.57%, reporting an EPS of $0.38 versus an estimate of $0.35.

Revenue was up $130.10 million from the same period last year.

Last quarter the company beat on EPS by $0.01 which was followed by a 0.26% drop in the share price the next day.

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

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	0.35	0.30	0.34	0.34	0.31
EPS Actual	0.38	0.31	0.35	0.35	0.37
Revenue Estimate	642.03M	603.02M	578.47M	542.37M	505.26M
Revenue Actual	680.20M	646.90M	616.20M	586.60M	550.10M

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 FY 2022, expecting earnings between $1.55 and $1.6 per share.

To track all earnings releases for Element Solutions visit their earnings calendar here.

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

Earnings Calendar