Trinseo Earnings Preview

On Monday, Trinseo TSE will report its last quarter's earnings. Here is Benzinga's take on the company's release.

Earnings and Revenue

Sell-side analysts expect Trinseo's EPS to be near $1.92 on sales of $1.02 billion.

Trinseo reported a profit of $1.68 when it published results during the same quarter last year. Sales in that period totaled $917 million. The Wall Street estimate would represent a 14.29 percent increase in the company's earnings. Sales would be up 11.18 percent from the year-ago period.

Here's how the Trinseo's reported EPS has stacked up against analyst estimates in the past:

 

Quarter Q3 2017 Q2 2017 Q1 2017 Q4 2016
EPS Estimate 1.63 1.81 2.28 1.34
EPS Actual 2.18 1.39 2.42 1.68

 

Stock Performance

Over the last 52-week period, shares are up 13.44 percent. Given that these returns are generally positive, long-term shareholders can be content going into this earnings release.

Analyst estimates are adjusted higher for EPS and revenues over the past 90 days. Analysts seem to have settled on a Neutral rating with Trinseo. The strength of this rating has maintained conviction over the past three months.

Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsNewsPreviewsTrading IdeasEarnings Previews
We simplify 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!

Loading...