Earnings Outlook For Trinseo
Portfolio Pulse from Benzinga Insights
Trinseo (NYSE:TSE) is set to release its latest quarterly earnings report on November 3, 2023. Analysts estimate an earnings per share (EPS) of $-0.96. The company's past performance shows a trend of missing EPS estimates, which has often led to a drop in share price. Shares of Trinseo are currently trading at $5.74, down 74.27% over the last 52-week period.
November 02, 2023 | 5:01 pm
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Trinseo's upcoming earnings report could potentially impact its stock price. The company has a history of missing EPS estimates, which has often led to a drop in share price. Its shares are currently down 74.27% over the last 52-week period.
Trinseo's stock price has historically been negatively impacted by its earnings reports, particularly when the company misses EPS estimates. Given that analysts are predicting an EPS of $-0.96 for the upcoming report, and considering the company's past performance, there is a high likelihood that the stock price could be negatively impacted again.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100