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Element Solutions Inc (ESI) Tuesday reported third-quarter net income of $36.0 million or $0.15 per share, compared to last year's loss of $6.9 million or $0.03 per share.


RTTNews | Oct 27, 2020 05:50PM EDT

17:50 Tuesday, October 27, 2020 (RTTNews.com) - Element Solutions Inc (ESI) Tuesday reported third-quarter net income of $36.0 million or $0.15 per share, compared to last year's loss of $6.9 million or $0.03 per share.

Adjusted earnings were $0.22 per share, as compared to $0.26 per share last year.

Net sales for the quarter were $447.5 million or $464.7 million last year.

Analysts polled by Thomson Reuters estimated earnings of $0.20 per share and revenues of $439.95 million. Analysts' estimates typically exclude one-time items.

Read the original article on RTTNews ( https://www.rttnews.com/3139760/element-solutions-swings-to-q3-profit.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com All Rights Reserved






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