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Strategies & Market Trends : Charts for Breakout II -- Ignore unavailable to you. Want to Upgrade?


To: Area51 who wrote (8077)11/5/2021 6:06:04 PM
From: Julius Wong  Read Replies (1) | Respond to of 8531
 
Trinseo reports Q3 results

Nov. 05, 2021 4:22 PM ET Trinseo PLC (TSE) By: Pranav Ghumatkar, SA News Editor 13 Comments

Trinseo (NYSE: TSE): Q3 GAAP EPS of $2.01.

Revenue of $1.27B (+87.0% Y/Y)

Shares +0.69%.

Press Release

2021 Full-Year Outlook: Full-year 2021 net income from continuing operations of $336 million to $376 million and Adjusted EBITDA of $750 million to $800 million; this outlook reflects eight months of the PMMA acquisition, four months of the recently acquired Aristech Surfaces and excludes Synthetic Rubber. Full-year 2021 cash from operations of $420 million to $445 million and Free Cash Flow of $300 million to $325 million.



To: Area51 who wrote (8077)11/5/2021 8:35:13 PM
From: Rarebird  Read Replies (1) | Respond to of 8531
 
I was all set to go long TSE today ( liked the chart very much), but then discovered earnings were coming out after the close so I refrained. They had a very nice beat on EPS, but missed somewhat substantially on revenues. I have no idea how the stock will trade on Monday, but I will be watching closely. If TSE was a growth stock, it would get slammed. But it is a value stock. Any thoughts?