Element Solutions: 2Q Earnings Snapshot
FORT LAUDERDALE, Fla. (AP) _ Element Solutions Inc (ESI) on Friday reported second-quarter earnings of $1.5 million.
On a per-share basis, the Fort Lauderdale, Florida-based company said it had profit of 1 cent. Earnings, adjusted for amortization costs and to account for discontinued operations, were 21 cents per share.
The specialty chemical and printing products posted revenue of $456.7 million in the period.
Element Solutions expects full-year earnings in the range of 83 cents to 86 cents per share.
Element Solutions shares have dropped nearly 10% since the beginning of the year. The stock has dropped 23% in the last 12 months.