Element Solutions (NYSE:ESI – Get Free Report) issued its quarterly earnings data on Monday. The company reported $0.36 earnings per share for the quarter, topping the consensus estimate of $0.35 by $0.01, Briefing.com reports. The business had revenue of $613.00 million during the quarter, compared to the consensus estimate of $606.95 million. Element Solutions had a net margin of 5.62% and a return on equity of 13.96%. The company’s revenue was up 4.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.31 EPS.
Element Solutions Price Performance
Shares of NYSE ESI opened at $26.88 on Tuesday. The stock has a market cap of $6.51 billion, a price-to-earnings ratio of 49.78, a PEG ratio of 1.31 and a beta of 1.30. Element Solutions has a 52 week low of $17.57 and a 52 week high of $28.68. The company’s 50-day moving average price is $26.12 and its 200 day moving average price is $24.54. The company has a current ratio of 3.63, a quick ratio of 2.69 and a debt-to-equity ratio of 0.82.
Element Solutions Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 14th. Investors of record on Friday, May 31st were paid a $0.08 dividend. The ex-dividend date was Friday, May 31st. This represents a $0.32 dividend on an annualized basis and a yield of 1.19%. Element Solutions’s payout ratio is 59.26%.
Wall Street Analysts Forecast Growth
Check Out Our Latest Report on ESI
About Element Solutions
Element Solutions Inc operates as a specialty chemicals company in the United States, China, and internationally. The company operates in two segments, Electronics, and Industrial & Specialty. The Electronics segment researches, formulates, and sells specialty chemicals and materials for various types of electronics hardware products.
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