Trinseo (TSE) to Release Quarterly Earnings on Wednesday

Trinseo (NYSE:TSE) is projected to release its earnings data after the market closes on Wednesday, February 12th. Analysts expect Trinseo to post earnings of ($2.30) per share and revenue of $803.09 million for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

Trinseo Trading Up 11.0 %

NYSE TSE opened at $4.38 on Wednesday. The company has a 50 day moving average of $4.73 and a 200-day moving average of $4.36. Trinseo has a 1-year low of $1.93 and a 1-year high of $7.05. The company has a market cap of $155.19 million, a price-to-earnings ratio of -0.31 and a beta of 1.54.

Trinseo Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, January 23rd. Investors of record on Friday, January 10th were given a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.91%. The ex-dividend date of this dividend was Friday, January 10th. Trinseo’s payout ratio is currently -0.28%.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of Trinseo from a “sell” rating to a “hold” rating in a research note on Thursday, October 10th.

Trinseo Company Profile

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.