{"schema_version":"secwatch.filing_event.v1","accession":"0001590714-23-000043","form_type":"8-K","ticker":"ESI","cik":"0001590714","company_name":"Element Solutions Inc","filed_at":"2023-04-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.557237+00:00","generated_at":"2026-06-16T12:54:12.247886+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Element Solutions Q1 sales $574M (-16% reported); adj EBITDA $112M; FY guidance lowered","bullets":["GAAP diluted EPS $0.18 vs $0.23; Adjusted EPS $0.30 vs $0.38.","Electronics net sales -23% reported (-11% organic); Industrial & Specialty +2% organic.","Adjusted EBITDA $112M, down 18% on constant currency basis.","Q2 adj EBITDA guided ~$120M; FY adjusted EBITDA now expected at low end of $510-530M range.","Free cash flow $45M in Q1; FY free cash flow guided ~$275M."],"urls":{"canonical":"https://secwatch.observer/filing/0001590714-23-000043","json":"https://secwatch.observer/filing/0001590714-23-000043.json","markdown":"https://secwatch.observer/filing/0001590714-23-000043.md","text":"https://secwatch.observer/filing/0001590714-23-000043.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1590714/000159071423000043/0001590714-23-000043-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1590714/000159071423000043/esi-20230426.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T12:54:12.247886+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"634ccd90dea51db35799882cf6092fecd923b4c0","claim":"Element Solutions Inc reported the three months ended March 31, 2023 results: revenue $574 million, net income $43 million, EPS $0.18. Guidance lowered.","evidence_excerpt":"Element Solutions Inc Announces 2023 First Quarter Financial Results • Net sales of $574 million, a decrease of 16% from the first quarter last year on a reported basis or a decrease of 7% on an organic basis • GAAP diluted EPS of $0.18, compared to $0.23 in the same period last year • Reported net income of $43 million, as compared to $56 million in the same period last year","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1590714/000159071423000043/0001590714-23-000043-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended March 31, 2023"},{"label":"Revenue","value":"$574 million"},{"label":"Net income","value":"$43 million"},{"label":"EPS","value":"$0.18"},{"label":"Guidance","value":"lowered"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}