Trinseo (TSE) Reports Q3 Loss, Tops Revenue Estimates
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Trinseo (TSE) reported a Q3 loss of $1.62 per share, which was worse than the expected loss of $1.39 per share. However, the company exceeded revenue estimates.
November 07, 2024 | 1:15 am
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Trinseo reported a Q3 loss of $1.62 per share, missing the consensus estimate of a $1.39 loss. Despite this, the company exceeded revenue expectations.
The reported loss per share was worse than expected, which is typically negative for stock prices. However, exceeding revenue estimates could mitigate some negative impact. Overall, the short-term impact is likely negative due to the earnings miss.
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