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Element Solutions Inc (ESI)
NYSE:ESI
Earnings Data
Report Date
Apr 23, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.33Last Year’s EPS
0.34Same Quarter Last Year
Moderate Buy
Based on 6 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 18, 2025
|% Change Since: 2.65%
|Next Earnings Date:Apr 23, 2025
Earnings Call Sentiment|Positive
Element Solutions reported a strong fiscal year with record-breaking adjusted EBITDA and free cash flow, strategic portfolio improvements, and significant growth in the electronics segment. However, the company faced challenges from foreign exchange headwinds and softness in industrial markets. While the positive achievements and strategic positioning for future growth are noteworthy, ongoing concerns about tariffs and FX impacts pose potential risks.Company Guidance
During the Element Solutions Fourth Quarter and Full Year 2024 Financial Results Conference Call, the company provided guidance for 2025, projecting high single-digit adjusted EBITDA growth at the midpoint of their range, despite anticipating a $30 million impact from the sale of McDermott Graphics Solutions and a $15 million foreign exchange headwind. For 2024, Element Solutions achieved a record adjusted EBITDA of $535 million, marking a 13% increase in constant currency, alongside a record free cash flow of $294 million. The company converted more than 50% of adjusted EBITDA to free cash flow for the fifth time in six years, despite increased capital expenditures. The electronics segment saw 7% organic growth, driven by strong demand in emerging technologies such as AI and electric vehicles. For 2025, Element Solutions expects continued high single-digit organic growth in the electronics segment, driven by high-performance computing and electric vehicles, with a potential upside from a stronger refresh cycle in smartphones and computing devices. The company also noted that their balance sheet is in a strong position, with net leverage at 2.8 times and an effective borrowing cost below 4%, providing substantial capacity for capital deployment in 2025.Record-Breaking Adjusted EBITDA and Free Cash Flow
Adjusted EBITDA grew 13% in constant currency to a record $535 million, with free cash flow also reaching a record $294 million. This marks the fifth year in the past six where more than 50% of adjusted EBITDA was converted to free cash flow.
Successful Strategic Portfolio Adjustment
Element Solutions announced the sale of McDermott Graphics Solutions for $325 million, improving portfolio growth and margins while maintaining a strong balance sheet.
Strong Growth in Electronics Segment
The electronics business grew 7% organically, with Semiconductor Solutions achieving 14% growth and surpassing $300 million in revenue for the first time. Circuitry Solutions grew 12% organically.
Positive Margin Expansion and Investment in Capabilities
Adjusted EBITDA margins improved by 120 basis points due to favorable product mix and price discipline. CapEx was $68 million, focused on strategic investments.
Solid Balance Sheet and Leverage Management
Net leverage was reduced to 2.8 times, with no debt or swap maturities until 2028 and effective borrowing costs below 4%.
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ESI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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ESI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 18, 2025 | $26.39 | $27.55 | +4.40% |
| Oct 28, 2024 | $26.60 | $27.61 | +3.80% |
| Jul 29, 2024 | $26.76 | $25.95 | -3.03% |
| Apr 29, 2024 | $23.93 | $22.92 | -4.22% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Element Solutions Inc (ESI) report earnings?
Element Solutions Inc (ESI) is schdueled to report earning on Apr 23, 2025, TBA Not Confirmed.
What is Element Solutions Inc (ESI) earnings time?
Element Solutions Inc (ESI) earnings time is at Apr 23, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ESI EPS forecast?
ESI EPS forecast for the fiscal quarter 2025 (Q1) is 0.33.
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