Investing.com - Trinseo SA reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Trinseo SA announced earnings per share of $-2.91 on revenue of $1.18B. Analysts polled by Investing.com anticipated EPS of $-1.22 on revenue of $1.27B.
Trinseo SA shares are up 18% from the beginning of the year and are trading at $21.95 , down-from-52-week-high.
Trinseo SA follows other major Materials sector earnings this month
Trinseo SA's report follows an earnings beat by Air Products on Thursday, who reported EPS of $2.89 on revenue of $3.57B, compared to forecasts EPS of $2.77 on revenue of $3.21B.
Sherwin-Williams had beat expectations on Tuesday, October 25, 2022 with third quarter EPS of $2.83 on revenue of $6.05B, compared to forecast for EPS of $2.59 on revenue of $5.81B.
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