secwatch.observer — SEC 8-K summary
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Issuer:     Element Solutions Inc (ESI)
CIK:        0001590714
Form:       8-K
Filed at:   2022-02-22T23:59:59+00:00
Accession:  0001590714-22-000021
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ESI reports FY2021 adj. EPS $1.38 (+44% YoY); guides FY2022 adj. EBITDA $575-590M
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- FY2021 net sales $2.40B, +29% reported / +13% organic vs 2020; GAAP diluted EPS $0.82 vs $0.31.
- FY2021 adj. EPS $1.38, +44% YoY; adj. EBITDA $525M, +20% constant currency.
- Q4 2021 net sales $647M (+21% reported, +2% organic); adj. EBITDA $122M (-2% constant currency).
- FY2022 guidance: adj. EBITDA $575-590M, adj. EPS $1.55-1.60, free cash flow $310-325M.
- Board raised share repurchase authorization to $750M; declared $0.08 quarterly dividend payable Mar 15, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1590714/000159071422000021/0001590714-22-000021-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1590714/000159071422000021/esi-20220222.htm
  HTML page:      https://secwatch.observer/filing/0001590714-22-000021

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer