Trinseo (TSE) Tops Q3 EPS by 2c, Q4 EPS Guidance Misses

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Trinseo Reports Third Quarter 2016 Financial Results; Updates Full Year 2016 Outlook

November 1, 2016 4:06 PM EDT

Net Income of $67 million and diluted EPS of $1.43 Adjusted EPS of $1.70 Adjusted EBITDA of $143 million Cash provided by operating activities of $145 million; free cash flow of $115 million Received authorization to repurchase an additional 2.7 million shares

BERWYN, Pa.--(BUSINESS WIRE)-- Trinseo (NYSE: TSE):

      Three Months Ended September 30, June 30, $millions, except per share data 2016 2015 2016 Revenue 935 1,028 970 Net Income 67 52 96 EPS (Diluted) ($)... More