FX.co ★ Element Solutions Inc. Q3 Earnings Summary

Element Solutions Inc. (ESI) has announced its earnings for the third quarter. The company reported a net income of $40.3 million, a significant improvement compared to a loss of $31.8 million in the same period the previous year. Earnings per share (EPS) were recorded at $0.17, up from a negative $0.13 EPS during the same quarter last year. On an adjusted basis, excluding certain items, Element Solutions Inc. achieved earnings of $94.9 million, or $0.39 per share. This figure slightly surpasses analysts' expectations, who had projected an EPS of $0.38. Meanwhile, the company's revenue reached $645.0 million, marking an increase from $599.3 million in the corresponding period last year.