Trinseo Reports Second Quarter 2020 Financial Results

Go back to Trinseo Reports Second Quarter 2020 Financial Results

Trinseo (TSE) Misses Q2 EPS by $1.33, Revenues Miss

July 29, 2020 4:27 PM EDT

Trinseo (NYSE: TSE) reported Q2 EPS of ($2.95), $1.33 worse than the analyst estimate of ($1.62). Revenue for the quarter came in at $570 million versus the consensus estimate of $636.36 million.

Second Quarter 2020 and Other Highlights

Net loss of $128 million and diluted EPS of ($3.36), inclusive of a $6 million pre-tax charge related to corporate restructuring costs; Adjusted EPS*... More