Trinseo (TSE) Scheduled to Post Earnings on Wednesday

Trinseo (NYSE:TSE) is scheduled to release its earnings data after the market closes on Wednesday, May 8th. Analysts expect Trinseo to post earnings of ($2.09) per share for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

Trinseo (NYSE:TSE) last issued its earnings results on Monday, February 12th. The basic materials company reported ($2.99) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.51) by ($1.48). Trinseo had a negative net margin of 19.08% and a negative return on equity of 905.55%. The firm had revenue of $837.50 million during the quarter, compared to analyst estimates of $884.14 million. During the same quarter last year, the business posted ($1.72) earnings per share. On average, analysts expect Trinseo to post $-5 EPS for the current fiscal year and $-2 EPS for the next fiscal year.

Trinseo Stock Performance

Shares of NYSE:TSE opened at $2.62 on Wednesday. Trinseo has a 52-week low of $2.61 and a 52-week high of $18.71. The company has a market capitalization of $92.20 million, a P/E ratio of -0.13 and a beta of 1.54. The company has a 50-day simple moving average of $3.82 and a 200 day simple moving average of $5.54.

Trinseo Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, April 18th. Investors of record on Thursday, April 4th were paid a $0.01 dividend. The ex-dividend date was Wednesday, April 3rd. This represents a $0.04 annualized dividend and a yield of 1.53%. Trinseo’s dividend payout ratio (DPR) is currently -0.20%.

About Trinseo

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.