Element Solutions Inc (ESI, Financial) is set to release its Q3 2024 earnings on Oct 28, 2024. The consensus estimate for Q3 2024 revenue is $626.46 million, and the earnings are expected to come in at $0.24 per share. The full year 2024's revenue is expected to be $2.42 billion and the earnings are expected to be $0.92 per share. More detailed estimate data can be found on the Forecast page.
Element Solutions Inc (ESI, Financial) Estimates Trends
Revenue estimates for Element Solutions Inc (ESI) have declined from $2.42 billion to $2.42 billion for the full year 2024 and from $2.56 billion to $2.54 billion for 2025 over the past 90 days. Earnings estimates for Element Solutions Inc (ESI) have increased from $0.84 per share to $0.92 per share for the full year 2024 and remained flat at $0.97 per share for 2025 over the past 90 days.
Element Solutions Inc (ESI, Financial) Reported History
In the previous quarter of 2024-06-30, Element Solutions Inc's (ESI) actual revenue was $612.70 million, which beat analysts' revenue expectations of $608.28 million by 0.73%. Element Solutions Inc's (ESI) actual earnings were $0.39 per share, which beat analysts' earnings expectations of $0.20 per share by 95%. After releasing the results, Element Solutions Inc (ESI) was down by -3.05% in one day.
Element Solutions Inc (ESI, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 10 analysts, the average target price for Element Solutions Inc (ESI) is $31.19 with a high estimate of $34 and a low estimate of $30. The average target implies an upside of 15.62% from the current price of $26.98.
Based on GuruFocus estimates, the estimated GF Value for Element Solutions Inc (ESI, Financial) in one year is $21.90, suggesting a downside of -18.83% from the current price of $26.98.
Based on the consensus recommendation from 11 brokerage firms, Element Solutions Inc's (ESI, Financial) average brokerage recommendation is currently 2.1, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
