Trinseo S.A.(NYSE:TSE) announced the earnings results for Fiscal Year 2016 and Q4. The results came in during After-Market on Feb 22, 2017. Based on the corporate Earnings and Guidance, many Investment Banking firms balance their portfolio to Sell and Buy Stocks based on their strategy of investing in stocks.Company reported revenue of $917.452M. Analysts estimated a revenue of $889.560M. The revenues were 3.14% above the estimates. Earnings per share were $1.68. The reported EPS was above estimates by 25.37%. Analysts had estimated an EPS of $1.34.
Trinseo S.A. (TSE) made into the market gainers list on Wednesdays trading session with the shares advancing 1.28% or 0.9 points. Due to strong positive momentum, the stock ended at $71.3, which is also near the day’s high of $71.35. The stock began the session at $70.1 and the volume stood at 10,32,432 shares. The 52-week high of the shares is $72.6 and the 52 week low is $26.01. The company has a current market capitalization of $3,184 M and it has 4,46,53,235 shares in outstanding.
Several Insider Transactions has been reported to the SEC. On Feb 14, 2017, Christopher D Pappas (director officer ) sold 20,000 shares at $70.41 per share price.Also, On Sep 27, 2016, Michel Plantevin (director 10% owner) sold 1.0669567E7 shares at $54.05 per share price.On Sep 27, 2016, Stephen M Zide (director 10% owner) sold 1.0669567E7 shares at $54.05 per share price, according to the Form-4 filing with the securities and exchange commission.
Trinseo S.A. is a materials company engaged in the manufacture and marketing of emulsion polymers and plastics including various specialty and technologically differentiated products. The company operates in four segments under two business units. Its Emulsion Polymers business unit includes its Latex segment and its Synthetic Rubber segment. Its Plastics business unit includes its Styrenics segment and its Engineered Polymers segment. The Latex segment produces SB latex primarily for coated paper and packaging board carpet and artificial turf backings as well as a number of performance latex applications. The Synthetic Rubber segment produces synthetic rubber products used predominantly in tires with additional applications in polymer modification and technical rubber goods. The Styrenics and Engineered Polymers segments offer plastics products with formulations developed for durable applications such as consumer electronics automotive and construction.