secwatch.observer — SEC 8-K summary
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Issuer:     Element Solutions Inc (ESI)
CIK:        0001590714
Form:       8-K
Filed at:   2022-10-26T23:59:59+00:00
Accession:  0001590714-22-000079
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Element Solutions Q3 adjusted EPS $0.36, adj. EBITDA $134M; lowers FY22 adj. EBITDA to $525-530M
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- GAAP diluted EPS $0.22 vs $0.15; adjusted EPS $0.36 vs $0.34.
- Net sales $619M flat reported, organic +5%; Electronics organic +5%, Industrial & Specialty organic +6%.
- Adjusted EBITDA $134M (+2% reported, +11% constant currency); margin 21.6%.
- FY2022 guidance: adj. EBITDA $525-530M, adj. EPS $1.40-1.42, FCF ~$250M.
- Repurchased 3.0M shares in Q3; remaining authorization ~$616M; net debt/EBITDA 3.1x.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1590714/000159071422000079/0001590714-22-000079-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1590714/000159071422000079/esi-20221026.htm
  HTML page:      https://secwatch.observer/filing/0001590714-22-000079

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