Trinseo (TSE) Reports Q2 Loss, Lags Revenue Estimates

Core Insights - Trinseo reported a quarterly loss of $1.46 per share, which was worse than the Zacks Consensus Estimate of a loss of $1.09, but an improvement from a loss of $1.92 per share a year ago, indicating a significant earnings surprise of -33.94% [1] - The company generated revenues of $920 million for the quarter, missing the Zacks Consensus Estimate by 3.98% and down from $962.6 million year-over-year, having surpassed consensus revenue estimates only once in the last four quarters [2] - Trinseo's stock has declined approximately 70.3% year-to-date, contrasting sharply with the S&P 500's gain of 8.7% [3] Earnings Outlook - The future performance of Trinseo's stock will largely depend on management's commentary during the earnings call and the company's earnings outlook, which includes current consensus earnings expectations for upcoming quarters [4] - The current consensus EPS estimate for the next quarter is -$1.05 on revenues of $907.45 million, and for the current fiscal year, it is -$5.35 on revenues of $3.62 billion [7] Industry Context - The Rubber - Plastics industry, to which Trinseo belongs, is currently ranked in the top 44% of over 250 Zacks industries, suggesting that companies in the top half tend to outperform those in the bottom half by more than 2 to 1 [8]