earnings
confidence high
sentiment positive
materiality 0.75
Element Solutions raises FY 2024 adjusted EBITDA guidance to $530M-$545M
Element Solutions Inc
- Q2 adjusted EBITDA expected ~$135M; FY guidance raised from $515M-$530M.
- New FY 2024 adjusted EPS guidance introduced at $1.40-$1.46.
- CEO cites accelerating profitability in electronics, wafer-level packaging, and circuitry.
- Expects record adjusted EBITDA since company's 2019 founding.