Loading...
•
Sep 30, 2021
Trinseo Q3 2021 Earnings Report
Reported third quarter financial results with net sales increasing 87% and announced planned divestiture of styrenics businesses.
Key Takeaways
Trinseo reported strong Q3 2021 financial results with net sales increasing 87% versus prior year. Net income from continuing operations was $79 million, and Adjusted EBITDA was $173 million.
Strong net income from continuing operations of $79 million and diluted EPS from continuing operations of $2.01
Adjusted EBITDA of $173 million, including a $1 million unfavorable impact from net timing, and Adjusted EPS of $2.01
Cash from operations of $208 million and capital expenditures of $36 million resulted in Free Cash Flow of $173 million
Announces planned divestiture of its styrenics businesses with intent to launch a formal sales process in the first quarter of 2022
Revenue by Segment
Forward Guidance
The company expects to finish the year with another strong quarter leading to a record year of earnings and reaffirms Adjusted EBITDA guidance despite industry headwinds.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...