Trinseo (TSE) to Release Earnings on Wednesday

Trinseo (NYSE:TSE) is scheduled to issue its quarterly 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. Investors that wish to register for the company’s conference call can do so using this link.

Trinseo (NYSE:TSE) last issued its quarterly earnings results on Monday, February 12th. The basic materials company reported ($2.99) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($1.51) by ($1.48). Trinseo had a negative return on equity of 905.55% and a negative net margin of 19.08%. The firm had revenue of $837.50 million during the quarter, compared to analysts’ expectations of $884.14 million. During the same quarter in the prior year, the firm earned ($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 Trading Up 3.0 %

Shares of TSE opened at $3.09 on Tuesday. The firm has a market capitalization of $109.05 million, a price-to-earnings ratio of -0.15 and a beta of 1.61. The firm’s fifty day simple moving average is $3.71 and its 200-day simple moving average is $5.43. Trinseo has a twelve month low of $2.59 and a twelve month high of $18.68.

Trinseo Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 18th. Investors of record on Thursday, April 4th were issued a $0.01 dividend. This represents a $0.04 annualized dividend and a yield of 1.29%. The ex-dividend date was Wednesday, April 3rd. Trinseo’s dividend payout ratio (DPR) is presently -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.