Element Solutions Posts Q3 Profit of $65.7 Million, Beats Analyst Estimates

Element Solutions Inc. (ESI) on Wednesday reported third-quarter net income of $65.7 million, or 27 cents per share, topping Wall Street expectations on an adjusted basis. Adjusted earnings, excluding non-recurring costs, came in at 50 cents per share, ahead of the 48-cent average estimate from three analysts surveyed by Zacks Investment Research. The Miami Beach, Florida-based specialty chemical and printing products maker posted revenue of $995.3 million for the quarter.