By Elias Schisgall

Shares of Element Solutions rose after the company boosted its full-year guidance and reported first-quarter revenue and adjusted earnings ahead of Wall Street expectations.

Shares were up 4.5% to $40.51 in after-hours trading after closing down 3.9% at $38.78. At close, the stock was up 55% this year.

The specialty chemicals technology company on Tuesday said it now expects full-year adjusted earnings growth in the high teens, as well as adjusted earnings before interest, taxes, depreciation and amortization between $665 million and $685 million.

The company had previously guided for adjusted Ebitda between $650 million and $670 million, with adjusted earnings growth in the mid to high teens.

Analysts polled by FactSet are expecting full-year adjusted Ebitda of $664.3 million.

The company reported a profit of $55.9 million, or 23 cents a share, compared with $98 million, or 40 cents a share, a year earlier. The lower profit was driven by a year-ago gain on the company's divestiture from Graphics Solutions, as well as a lower net income margin.

Stripping out certain one-time items, the company reported adjusted earnings of 41 cents a share. Analysts were expecting 38 cents a share.

Sales rose to $840 million, up from $593 million a year prior. Analysts were expecting $710.5 million.

For the current second quarter, the company is projecting adjusted Ebitda between $155 million and $170 million. Analysts are expecting $165.7 million.

Write to Elias Schisgall at elias.schisgall@wsj.com

(END) Dow Jones Newswires

April 28, 2026 19:16 ET (23:16 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.