Mark your calendars for Monday 28th October 2024, as Element Solutions (NYSE: ESI) is set to unveil its third quarter financial results. This highly anticipated announcement will be made after market close, giving investors and market participants a chance to assess the company's financial performance.
According to financial analysts on Wall Street, the company is likely to announce an estimated per share $0.38 profit for the quarter. Additionally, the company is anticipated to reveal a total revenue of $626.46 million during this period.
In the corresponding quarter of the previous year, the company's earnings report unveiled a per-share income of $0.36. Notably, the company's total revenue reached an impressive $599.3 million during that specific period.
The experts on Wall Street have shared their predictions for how well the company will do this year. They think the total revenue will be around $2.42 billion. They also believe the company will reach about profit of $1.44 per share for the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.36 | +16.1% | 612.70 M | +4.5% |
| Q1 2024 | $0.34 | +13.3% | 575.00 M | +0.1% |
| Q4 2023 | $0.32 | +10.3% | 573.40 M | -0.1% |
| Q3 2023 | $0.36 | 0% | 599.30 M | -3.1% |
| Q2 2023 | $0.31 | -18.4% | 586.10 M | -13.4% |
| *Growth on year-over-year basis | ||||
In addition, The firm will review the third quarter financial results on 29th October 2024 at 08:30 AM eastern time, in a conference call with public.
During Thursday's trading, Element Solutions (ESI) shares reached a low of $26.52 and a high of $27.42, along with a total volume of 3.78 million shares. The stock ended the regular trading session at $26.98, reflecting an advance of 0.26 percent.
