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Dec 31, 2019
Element Solutions Q4 2019 Earnings Report
Element Solutions reported a decrease in net sales but an increase in earnings per share (EPS) for the fourth quarter of 2019.
Key Takeaways
Element Solutions Inc. reported a decrease of 5% in net sales for Q4 2019 compared to Q4 2018, with sales totaling $455 million. However, the company's GAAP diluted earnings per share increased to $0.29, compared to a loss per share of $0.05 in the same period last year. Adjusted EPS was $0.22, compared to $0.03 per share.
Net sales decreased by 5% to $455 million, with organic net sales down 4%.
GAAP diluted earnings per share was $0.29, compared to a loss per share of $0.05 in the same period last year.
Adjusted EPS was $0.22, compared to $0.03 per share.
Reported net income was $74 million, compared to a loss of $14 million for the fourth quarter of 2018.
Element Solutions
Element Solutions
Element Solutions Revenue by Segment
Revenue by Segment
Electronics Revenue
CapyFin.comIndustrial & Specialty Revenue
CapyFin.com Forward Guidance
For the full year 2020, the Company expects adjusted EPS to be in the range of $0.93 to $0.97, adjusted EBITDA growth of between 2% and 4% on a constant currency basis and organic net sales growth of approximately 1%.
Positive Outlook
- Adjusted EPS to be in the range of $0.93 to $0.97.
- Adjusted EBITDA growth of between 2% and 4% on a constant currency basis.
- Organic net sales growth of approximately 1%.
Challenges Ahead
- Foreign exchange headwinds of approximately 1% to net sales.
- Foreign exchange headwinds of approximately 1% to adjusted EBITDA.
- The coronavirus has clearly impacted our business this February, but we have all of our factories open, albeit at low levels of activity
- The unquantifiable impact of the coronavirus today
- will review as and when the ultimate impact of coronavirus-related supply chain disruptions is known.
Revenue & Expenses
Visualization of income flow from segment revenue to net income