Trinseo PLC reports results for the quarter ended March 31 - Earnings Summary

• Trinseo PLC TSE.N reported a quarterly adjusted loss of $1.37​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $-1.94. The mean expectation of five analysts for the quarter was for a loss of $1.37 per share. Wall Street expected results to range from $-1.53 to $-1.15 per share.

• Revenue fell 13.2% to $784.80 million from a year ago; analysts expected $912.50 million.

• Trinseo PLC's reported EPS for the quarter was a loss of $2.22​.

• The company reported a quarterly loss of $79 million.

• Trinseo PLC shares had risen by 15.5% this quarter and lost 16.7% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 26.3% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell." The average consensus recommendation for the commodity chemicals peer group is also "hold"

• Wall Street's median 12-month price target for Trinseo PLC is $5.50

This summary was machine generated from LSEG data May 7 at 11:21 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)