Element Solutions Raises FY19 Adj. Earnings Outlook - Quick Facts

(RTTNews) - While reporting its financial results for the third quarter on Thursday, Element Solutions Inc. (ESI) said it is increasing its outlook for fiscal 2019 adjusted earnings to a range of $0.84 to $0.87 per share.

The company also reaffirmed its outlook for fiscal 2019 adjusted EBITDA growth of 2 percent to 5 percent on a constant currency basis, and said it expects net sales for the year to decline approximately 4 percent year-over-year on an organic basis.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $0.84 per share for the year on revenues of $1.87 billion. Analysts' estimates typically exclude special items.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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