Trinseo Q2 2024 Adj. EPS $(1.46) Misses $(1.25) Estimate, Sales $920.000M Miss $946.500M Estimate
Portfolio Pulse from Benzinga Newsdesk
Trinseo (NYSE:TSE) reported Q2 2024 adjusted EPS of $(1.46), missing the $(1.25) estimate by 16.8%. Sales were $920 million, missing the $946.5 million estimate by 2.8% and down 4.47% from the same period last year.
August 06, 2024 | 9:04 pm
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Trinseo (NYSE:TSE) reported Q2 2024 adjusted EPS of $(1.46), missing the $(1.25) estimate by 16.8%. Sales were $920 million, missing the $946.5 million estimate by 2.8% and down 4.47% from the same period last year.
Trinseo's Q2 2024 earnings and sales both missed analyst estimates, with a significant EPS miss of 16.8%. This underperformance is likely to negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100