Trinseo (TSE) to Release Quarterly Earnings on Wednesday

Trinseo (NYSE:TSE) is scheduled to be releasing its earnings data after the market closes on Wednesday, May 8th. Analysts expect the company to announce earnings of ($2.09) per share for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Trinseo (NYSE:TSE) last released its earnings results on Monday, February 12th. The basic materials company reported ($2.99) EPS for the quarter, missing analysts’ consensus estimates of ($1.51) by ($1.48). The firm had revenue of $837.50 million for the quarter, compared to the consensus estimate of $884.14 million. Trinseo had a negative return on equity of 905.55% and a negative net margin of 19.08%. During the same quarter in the previous year, the business posted ($1.72) EPS. On average, analysts expect Trinseo to post $-5 EPS for the current fiscal year and $-2 EPS for the next fiscal year.

Trinseo Price Performance

Shares of NYSE TSE opened at $3.00 on Monday. Trinseo has a 1 year low of $2.59 and a 1 year high of $18.68. The firm has a fifty day moving average price of $3.73 and a 200-day moving average price of $5.45. The stock has a market cap of $105.87 million, a PE ratio of -0.15 and a beta of 1.61.

Trinseo Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 18th. Stockholders of record on Thursday, April 4th were given a $0.01 dividend. The ex-dividend date of this dividend was Wednesday, April 3rd. This represents a $0.04 annualized dividend and a dividend yield of 1.33%. Trinseo’s payout ratio is -0.20%.

Trinseo Company Profile

Trinseo PLC operates as a specialty material solutions provider in the United States, Europe, the Asia-Pacific, and internationally. It operates through five segments: Engineered Materials, Latex Binders, Plastics Solutions, Polystyrene, and Americas Styrenics. The Engineered Materials segment offers rigid thermoplastic compounds and blends, soft thermoplastic, continuous cast, cell cast, activated methyl methacrylates (MMA), PMMA resins, and extruded PMMA sheets and resins for consumer electronics, medical, footwear, automotive, and building and construction applications under the EMERGE, CALIBRE, PLEXIGLAS, ALTUGLAS, ACRYSPA, AVONITE, STUDIO, MEGOL, APILON, APIGO, and APINAT brands.