Trinseo TSE reported its Q4 earnings results on Monday, February 12, 2024 at 04:15 PM.
Here's what investors need to know about the announcement.
Earnings
Trinseo missed estimated earnings by 124.81%, reporting an EPS of $-2.99 versus an estimate of $-1.33.
Revenue was down $137.70 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.07 which was followed by a 5.74% increase in the share price the next day.
Here's a look at Trinseo's past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.96 | -0.39 | -0.69 | -1.45 |
| EPS Actual | -1.03 | -1.92 | -1.01 | -1.72 |
| Revenue Estimate | 973.00M | 1.09B | 1.08B | 1.07B |
| Revenue Actual | 879.00M | 963.00M | 996.30M | 975.20M |
To track all earnings releases for Trinseo visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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