Trinseo (TSE) Misses Q4 EPS by 2c, Revenues Miss; Offers FY19 EPS Guidance Below Consensus
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Trinseo Reports Fourth Quarter and Full Year 2018 Financial Results; Updates 2019 Full Year Outlook
February 13, 2019 4:15 PM ESTBERWYN, Pa.--(BUSINESS WIRE)-- Trinseo (NYSE: TSE):
Year Ended 2018 Summary
Net income of $292 million and diluted EPS of $6.70 Adjusted Net Income of $317 million and Adjusted EPS of $7.25 Adjusted EBITDA of $573 million Cash provided by operating activities of $367 million; Free Cash Flow of $245 million Repurchased approximately 2.2 million shares, or about 5% of issued and outstanding shares, for $143 millionFourth Quarter 2018 Summary
Net loss of $1 million and diluted EPS of $(0.02) Adjusted Net Income of $10 million and Adjusted EPS of $0.23 Adjusted EBITDA of $65 million Cash provided by operating activities of... More