Element Solutions Inc (ESI)

Element Solutions beat expectations on both the top and bottom line in the third fiscal quarter of 2026, based on preliminary results reported October 21, 2026, with revenue of $995.3 million topping the $964.2 million estimate (+3.2%) and adjusted EPS of $0.50 topping the $0.48 estimate (+4.3%). Revenue rose ~52% year over year to about $1.0 billion (up from roughly $656 million a year ago), and net income increased ~67% to about $65.7 million (from roughly $39 million a year ago). Profitability tracked with gross margin near 34% and operating margin around 11%, as gross profit came in at roughly $342 million and operating income was about $114 million. Cash generation was positive, with operating cash flow of about $159 million, and the company returned capital through roughly $37.7 million of share repurchases and about $19.5 million in dividends. For the next period, consensus calls for EPS of $0.46 on revenue of $959.6 million.