Trinseo (TSE) Misses Q3 EPS by 5c, Offers Q4 and FY19 Guidance

Trinseo Reports Third Quarter 2018 Financial Results; Updates 2018 Full Year Outlook and Provides 2019 Full Year Outlook

November 8, 2018 4:19 PM EST

Third Quarter 2018 Highlights

Net Income of $75 million and diluted EPS of $1.72 Adjusted EPS of $1.83 Adjusted EBITDA of $143 million Cash provided by operating activities of $56 million; Free Cash Flow of $25 million Authorization for new two million share repurchase program

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

Three Months Ended September 30, $millions, except per share data 2018 2017 Net Sales 1,200 1,097 Net Income 75 33 EPS(Diluted) ($) 1.72 0.74... More