Trinseo: Q1 Earnings Insights

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.

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