Trinseo S.A. (TSE) announced Loss for fourth quarter that increased from last year and missed the Street estimates.
The company's earnings totaled -$117.9 million, or -$3.33 per share. This compares with -$265.0 million, or -$7.53 per share, last year.
Excluding items, Trinseo S.A. reported adjusted earnings of -$94.5 million or -$2.67 per share for the period.
Analysts on average had expected the company to earn -$2.33 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 1.9% to $821.5 million from $837.5 million last year.
Trinseo S.A. earnings at a glance (GAAP) :
-Earnings: -$117.9 Mln. vs. -$265.0 Mln. last year.
-EPS: -$3.33 vs. -$7.53 last year.
-Revenue: $821.5 Mln vs. $837.5 Mln last year.
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