Element Solutions shares rise after first-quarter earnings beat and raised full-year outlook
Updated
Updated · MarketWatch · Apr 28
Element Solutions shares rise after first-quarter earnings beat and raised full-year outlook
10 articles · Updated · MarketWatch · Apr 28
Shares climbed 4.5% to $40.51 in after-hours trading as Q1 revenue reached $840 million, surpassing analyst expectations of $710.5 million.
Adjusted earnings were 41 cents per share, above the expected 38 cents, and the company now forecasts full-year adjusted EBITDA of $665–$685 million.
Despite lower net profit due to last year’s divestiture gain, Element Solutions’ stock is up 55% year-to-date, reflecting investor confidence in its improved guidance and performance.
With nearly $1B in acquisitions, can the company sustain its high growth?
Despite record revenue, why did Element Solutions' actual profit decline year-over-year?
Is this company the hidden key to America's semiconductor supply chain security?
Can a chemicals firm outpace Big Tech by fueling the AI revolution?
Are high-purity chemicals the new chokepoint in the global AI hardware race?
How critical are these specialized materials for next-generation AI and EV technology?