Trinseo Reports First Quarter 2024 Financial Results and Provides Second Quarter Outlook
Trinseo PLC Ordinary Shares (TSE)
Last trinseo plc ordinary shares earnings: 2/6 04:15 pm
Check Earnings Report
US:NYSE Investor Relations:
investor.trinseo.com
Company Research
Source: Business Wire
First Quarter 2024 and Other HighlightsNet loss of $76 million and EPS of negative $2.14Adjusted EBITDA* of $45 million, including a $13 million favorable impact from net timing; Adjusted Net Loss* of $69 millionCash used in operations of $66 million and capital expenditures of $16 million resulted in Free Cash Flow* of negative $82 million. First quarter Free Cash Flow* included a $61 million increase in trade working capital driven by seasonal factors and a more than 50% increase in styrene monomer pricesFirst quarter ending cash of $171 million, of which $5 million was restricted, with approximately $252 million of additional available liquidity under two undrawn, committed financing facilities with continued focus on cash management and liquidityExtended the maturity date of the Accounts Receivable Securitization Facility by one year to November 2025, and expanded available borrowing capacity by $36 million quarter-over-quarterAnnounced commencement of the sale process for the Com
Show less
Read more
Impact Snapshot
Event Time:
TSE
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TSE alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TSE alerts
High impacting Trinseo PLC Ordinary Shares news events
Weekly update
A roundup of the hottest topics
TSE
News
- Trinseo Announces Release Date and Conference Call for its First Quarter 2024 Financial ResultsBusiness Wire
- Trinseo Introduces Groundbreaking Flame-retardant Plastic Grades Without Using PFAS Additives During Manufacturing ProcessBusiness Wire
- Trinseo Announces Potential Closure of Stade, Germany Virgin Polycarbonate Manufacturing FacilityBusiness Wire
- Trinseo Announces Commencement of Sale Process for Interest in Americas StyrenicsBusiness Wire
- Trinseo Announces Quarterly Dividend of $0.01 Per ShareBusiness Wire
TSE
Earnings
- 5/8/24 - Beat
TSE
Sec Filings
- 5/9/24 - Form 10-Q
- 5/8/24 - Form 8-K
- 4/29/24 - Form DEFA14A
- TSE's page on the SEC website