Trinseo's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
Trinseo (NYSE:TSE) is scheduled to release its quarterly earnings report on February 12, 2024, with an anticipated EPS of $-1.33. Analysts and investors are keen on whether Trinseo will surpass this estimate and provide optimistic guidance for the next quarter. Historical data shows mixed reactions in stock price to past earnings performances, with the most recent quarter missing EPS estimates and leading to a 0.0% change in stock price. Over the last year, Trinseo's shares have declined by 77.52%, indicating a bearish outlook among long-term shareholders.
February 09, 2024 | 3:00 pm
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Trinseo is expected to report an EPS of $-1.33 for the upcoming quarter. Historical performance shows a mixed impact on stock prices post-earnings, with a significant 77.52% decline over the past year indicating a bearish long-term sentiment.
Given Trinseo's past earnings performance and the significant annual decline in stock price, the upcoming earnings report could maintain the current stock price level if it meets or exceeds expectations. However, the long-term bearish sentiment and the emphasis on future guidance suggest that any positive or negative deviation from expectations could lead to notable short-term price movements.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100