Element Solutions Swings To Q3 Profit

(RTTNews) - Element Solutions Inc (ESI) Tuesday reported third-quarter net income of $36.0 million or $0.15 per share, compared to last year's loss of $6.9 million or $0.03 per share.

Adjusted earnings were $0.22 per share, as compared to $0.26 per share last year.

Net sales for the quarter were $447.5 million or $464.7 million last year.

Analysts polled by Thomson Reuters estimated earnings of $0.20 per share and revenues of $439.95 million. Analysts' estimates typically exclude one-time items.

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