Trinseo: 2Q Earnings Snapshot
BERWYN, Pa. (AP) _ Trinseo SA (TSE) on Thursday reported second-quarter earnings of $98.3 million.
On a per-share basis, the Berwyn, Pennsylvania-based company said it had profit of $2.24. Earnings, adjusted for non-recurring costs, came to $2.40 per share.
The plastics and latex maker posted revenue of $1.24 billion in the period.
For the current quarter ending in October, Trinseo expects its per-share earnings to range from $2 to $2.19.
The company expects full-year earnings in the range of $9.15 to $9.52 per share.
Trinseo shares have increased 1 percent since the beginning of the year. The stock has increased 2 percent in the last 12 months.