Trinseo (TSE) Scheduled to Post Earnings on Tuesday

Trinseo (NYSE:TSE) is scheduled to release its earnings data before the market opens on Tuesday, August 6th. Analysts expect Trinseo to post earnings of ($1.09) per share for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

Trinseo (NYSE:TSE) last posted its earnings results on Wednesday, May 8th. The basic materials company reported ($1.94) EPS for the quarter, topping analysts’ consensus estimates of ($2.07) by $0.13. The business had revenue of $904.00 million during the quarter, compared to the consensus estimate of $863.60 million. Trinseo had a negative net margin of 20.32% and a negative return on equity of 905.55%. On average, analysts expect Trinseo to post $-5 EPS for the current fiscal year and $-2 EPS for the next fiscal year.

Trinseo Price Performance

NYSE TSE opened at $2.59 on Monday. The stock has a market capitalization of $91.40 million, a price-to-earnings ratio of -0.13 and a beta of 1.60. Trinseo has a 1-year low of $1.93 and a 1-year high of $16.91. The business’s fifty day moving average price is $2.75 and its 200-day moving average price is $3.69.

Trinseo Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, July 22nd. Investors of record on Monday, July 8th were given a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a yield of 1.54%. The ex-dividend date was Monday, July 8th. Trinseo’s dividend payout ratio (DPR) is presently -0.19%.

About Trinseo

Trinseo PLC operates as a specialty material solutions provider in the United States, Europe, the Asia-Pacific, and internationally. It operates through five segments: Engineered Materials, Latex Binders, Plastics Solutions, Polystyrene, and Americas Styrenics. The Engineered Materials segment offers rigid thermoplastic compounds and blends, soft thermoplastic, continuous cast, cell cast, activated methyl methacrylates (MMA), PMMA resins, and extruded PMMA sheets and resins for consumer electronics, medical, footwear, automotive, and building and construction applications under the EMERGE, CALIBRE, PLEXIGLAS, ALTUGLAS, ACRYSPA, AVONITE, STUDIO, MEGOL, APILON, APIGO, and APINAT brands.