Trinseo TSE reported its Q1 earnings results on Thursday, May 4, 2023 at 04:15 PM.
Here's what investors need to know about the announcement.
Earnings
Trinseo missed estimated earnings by 46.38%, reporting an EPS of $-1.01 versus an estimate of $-0.69.
Revenue was down $390.70 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.27 which was followed by a 11.52% drop in the share price the next day.
Here's a look at Trinseo's past performance:
Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
---|---|---|---|---|
EPS Estimate | -1.45 | -2.17 | 2.03 | 1.66 |
EPS Actual | -1.72 | -2.91 | 1.79 | 2.08 |
Revenue Estimate | 1.07B | 1.24B | 1.43B | 1.42B |
Revenue Actual | 975.20M | 1.18B | 1.43B | 1.39B |
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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