Element Solutions beats Q2 estimates with earnings of $0.47 per share

Earnings
โดย Zacks Investment Research·Read original
Summary · why it matters

Element Solutions reported second-quarter adjusted earnings of $0.47 per share, beating the Zacks Consensus Estimate of $0.43 per share and marking a 9.30% earnings surprise. Revenue reached $977.9 million, surpassing the consensus estimate by 11.47% and up from $625.2 million a year ago. The company has now exceeded consensus EPS and revenue estimates in each of the last four quarters. Shares have gained about 49.8% year to date, compared with an 8.3% rise in the S&P 500.

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