Element Solutions Inc. (ESI) stock surged 5.39% in after-hours trading Monday after the specialty chemicals company reported second-quarter results that handily exceeded Wall Street expectations.

The company posted adjusted earnings of $0.47 per share, topping the consensus estimate of $0.43, while revenue climbed 56% year-over-year to $977.9 million, well above the $871.6 million analysts had forecast. The strong performance was driven by a 75% jump in electronics segment sales, reflecting both organic growth and contributions from recent acquisitions.

Adding to investor enthusiasm, Element Solutions raised its full-year 2026 adjusted EBITDA guidance to a range of $690 million to $710 million, citing healthy core markets and accelerating customer engagement. The company also said it expects third-quarter adjusted EBITDA of approximately $180 million.