Trinseo (NYSE:TSE) Releases Quarterly Earnings Results

Trinseo (NYSE:TSE - Get Free Report) released its quarterly earnings data on Wednesday. The basic materials company reported ($2.67) EPS for the quarter, missing analysts' consensus estimates of ($2.30) by ($0.37), Zacks reports.

Trinseo Stock Performance

TSE stock traded up $0.35 during trading on Friday, reaching $5.16. 403,290 shares of the company were exchanged, compared to its average volume of 265,122. Trinseo has a 52-week low of $1.93 and a 52-week high of $7.05. The company has a market cap of $182.63 million, a P/E ratio of -0.37 and a beta of 1.54. The stock's 50 day moving average price is $4.80 and its 200 day moving average price is $4.48.

Trinseo Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 23rd. Investors of record on Friday, January 10th were issued a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a yield of 0.78%. The ex-dividend date was Friday, January 10th. Trinseo's dividend payout ratio is currently -0.28%.

Trinseo Company Profile

Trinseo PLC operates as a specialty material solutions provider in the United States, Europe, the Asia-Pacific, and internationally. It operates through five segments: Engineered Materials, Latex Binders, Plastics Solutions, Polystyrene, and Americas Styrenics. The Engineered Materials segment offers rigid thermoplastic compounds and blends, soft thermoplastic, continuous cast, cell cast, activated methyl methacrylates (MMA), PMMA resins, and extruded PMMA sheets and resins for consumer electronics, medical, footwear, automotive, and building and construction applications under the EMERGE, CALIBRE, PLEXIGLAS, ALTUGLAS, ACRYSPA, AVONITE, STUDIO, MEGOL, APILON, APIGO, and APINAT brands.