Will Element Solutions Inc. ($ESI) Beat Analysts View?

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Element Solutions Inc. (NYSE:ESI) is set to announce second quarter earning results on Tuesday 4th August 2020, before market open.

Analysts surveyed by Thomson Reuters are predicting, ESI to report 2Q20 income of $ 0.14 per share.

For the full year, analysts anticipate top line of $ 1678.69 million, while looking forward to income of $ 0.79 per share bottom line.

The Company Outlook

Full Year 2020 bottomline are predicted in a range of $ 0.93 ~ $ 0.97 per share

Click Here For More Historical Outlooks Of Element Solutions Inc.

Previous Quarter Performance

Element Solutions Inc. disclosed income for the first quarter of $ 0.25 per share, from the revenue of $ 452.60 million. The quarterly earnings raised 25.00 percent while revenues down 4.08 percent compared with the same quarter last year.
According to street consensus, ESI was expected to report 1Q20 income of $ 0.20 per share from revenue of $ 437.30 million. The bottom line results beat street analysts by $ 0.05 or 25.00 percent, at the same time, top line results outshined analysts by $ 15.30 million or 3.50 percent.

Historical Earnings Performance
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Click Here For More Historical Earnings Of Element Solutions Inc.

Stock Performance

According to the previous trading day, closing price of ESI was $ 11.44, representing a 113.83 % increase from the 52 week low of $ 5.35 and a 10.2 % decrease over the 52 week high of $ 12.74.

The company has a market capital of $ 2.85 billion and is part of the Basic Materials sector and Specialty Chemicals industry.

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Conference Call

Element Solutions Inc. will be hosting a conference call at 8:30 AM eastern time on 4th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.elementsolutionsinc.com

Element Solutions Inc produces and sells specialty chemical products worldwide. The company operates through two segments, Electronics and Industrial & Specialty. The Electronics segment researches, formulates, and delivers specialty chemicals and materials for various types of electronics hardware products.