This isn't the first time this has been posted on FS, so I will use the same argument I used last time. Squidward has more of his face showing allowing to show more emotion. Different animations. Squidward is supposed to show an absolutely mortified face as it is part of the joke. Elsa is just now realizing the gravity of the situation and she shows more in the next frames. So comparing the emotions in these two situations isn't really proving anything.
Meanwhile, squidward looked like "Fuck fuck fuck shit fuck how do i fix this oh my god we're screwed"