Trinseo Reports First Quarter 2021 Financial Results
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Trinseo (TSE) Tops Q1 EPS by 82c, Revenues Beat
May 6, 2021 4:17 PM EDTTrinseo (NYSE: TSE) reported Q1 EPS of $3.27, $0.82 better than the analyst estimate of $2.45. Revenue for the quarter came in at $1.09 billion versus the consensus estimate of $931.13 million.
First Quarter 2021 and Other Highlights
Strong net income of $72 million and diluted EPS of $1.81Record quarterly Adjusted EBITDA* of $201 million, including a $7 million favorable impact from net timing, and record quarterly Adjusted EPS* of $3.27First quarter cash from operations of $51 million, Free Cash Flow* of $38 million, and quarter-ending cash and cash equivalents of $618 millionCompleted acquisition of Arkemas PMMA business... More
