This deal strengthens ESI's portfolio across all key sectors and leads to a strong financial position.
MIAMI--(BUSINESS WIRE)--Element Solutions Inc (NYSE:ESI) has announced that it has completed the sale of its flexographic printing plate division, MacDermid Graphics Solutions (MGS), to XSYS, a company that specializes in the flexographic printing sector, for about $325 million. A current capital loss will help reduce most of the taxable gains from this deal. The net proceeds are expected to be significant.
The Q4 results were a mix of good and bad news; revenue increased by 6% organically, and the company is gaining market share in areas with strong growth potential, but EBITDA fell short of expectations, and the 2025 forecast was not very promising. ESI is making progress in markets with good long-term growth opportunities, such as advanced packaging, data storage, and electric vehicles. However, the auto and industrial sectors are still struggling, and tariffs may negatively impact the overall outlook and lead to lower circuit and semiconductor volumes.
Element Solutions Inc (NYSE:ESI) will hold a conference call on February 19, 2025, at 8:30 AM ET to discuss their Q4 2024 results. The call will feature company leaders, including Varun Gokarn, Ben Gliklich, and Carey Dorman, along with various analysts from different financial institutions. To minimize background noise, all lines are currently muted.
While the revenue and earnings per share (EPS) for Element Solutions (ESI) provide insight into its performance for the quarter ending December 2024, it could be helpful to look at how these important figures stack up against Wall Street predictions and last year's results.
Element Solutions (ESI) reported quarterly earnings of $0.35 per share, matching the Zacks Consensus Estimate. This is an increase from earnings of $0.32 per share from the same period last year.
MIAMI--(BUSINESS WIRE)--Element Solutions Inc (NYSE:ESI) (“Element Solutions” or the “Company”), a worldwide specialty chemicals firm, has released its financial results for the three and twelve months ending December 31, 2024. President and CEO Benjamin Gliklich stated, “Element Solutions had a remarkable year in 2024. We achieved record results, enhanced our portfolio, and set the Company up for long-term success.”
MIAMI--(BUSINESS WIRE)--Element Solutions Inc (NYSE: ESI) has announced that its board has approved a quarterly cash dividend of $0.08 for each share of common stock. This dividend will be distributed on March 17, 2025, to shareholders who are on record as of the end of business on March 3, 2025. Element Solutions Inc is a prominent specialty chemicals company that provides various solutions to improve the performance of everyday products.
Element Solutions (ESI) lacks the right mix of the two important factors needed for a potential earnings surprise in its next report. Be ready for the main expectations.
Element Solutions (ESI) shared its earnings report 30 days ago. What can we expect for the stock moving forward?