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Investing.com - Element Solutions reported on Wednesday third quarter earnings that matched analysts' forecasts and revenue that fell short of expectations.
Element Solutions announced earnings per share of $0.36 on revenue of $619.00. Analysts polled by Investing.com EPS of $0.36 on revenue of $658.85M.
Element Solutions 's are up 102.69% and is trading at $17.83 , still down 33.77% from its 52 week high of $26.92 set on Friday, November 5, 2021.
Element Solutions follows other major Materials sector earnings this month
Element Solutions's report follows an earnings beat by Sherwin-Williams on Tuesday, who reported EPS of $2.83 on revenue of $6.05B, EPS of $2.59 on revenue of $5.81B.
Freeport-McMoran had missed expectations on Thursday, October 20, 2022 with third quarter EPS of $0.26 on revenue of $5B, for EPS of $0.3167 on revenue of $5.37B.
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