(RTTNews) - Element Solutions Inc. (ESI) revealed earnings for third quarter that Decreased from last year but beat the Street estimates.
The company's bottom line came in at $39.3 million, or $0.16 per share. This compares with $40.3 million, or $0.17 per share, last year.
Excluding items, Element Solutions Inc. reported adjusted earnings of $99.2 million or $0.41 per share for the period.
Analysts on average had expected the company to earn $0.40 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 1.7% to $656.1 million from $645.0 million last year.
Element Solutions Inc. earnings at a glance (GAAP) :
-Earnings: $39.3 Mln. vs. $40.3 Mln. last year. -EPS: $0.16 vs. $0.17 last year. -Revenue: $656.1 Mln vs. $645.0 Mln last year.
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