Trinseo (TSE) Reports Q3 Loss, Tops Revenue Estimates

Financial Performance - Trinseo reported a quarterly loss of $1.62 per share, which was worse than the Zacks Consensus Estimate of a loss of $1.39, and compared to a loss of $1.03 per share a year ago, indicating a significant decline in performance [1] - The company posted revenues of $867.7 million for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 1.47%, but down from $879 million in the same quarter last year [2] - Over the last four quarters, Trinseo has surpassed consensus EPS estimates only once, and has topped consensus revenue estimates two times [2] Stock Performance and Outlook - Trinseo shares have declined approximately 49.1% since the beginning of the year, contrasting sharply with the S&P 500's gain of 21.2% [3] - The current consensus EPS estimate for the upcoming quarter is -$2.56 on revenues of $822.24 million, and for the current fiscal year, it is -$6.73 on revenues of $3.55 billion [7] Industry Context - The Rubber - Plastics industry, to which Trinseo belongs, is currently ranked in the top 40% of over 250 Zacks industries, suggesting a relatively strong position within the market [8]