Recap: Trinseo Q4 Earnings

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.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsBZI-Recaps
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!