Overview

* Trinseo ( TSE ) Q3 net sales fall 14% yr/yr, missing analyst expectations

* Adjusted EBITDA for Q3 misses analyst estimates, impacted by lower volumes and margins

* Company to cease virgin MMA production in Italy, close polystyrene asset in Germany

Outlook

* Trinseo ( TSE ) expects Q4 net loss of $170 mln to $180 mln

* Company forecasts Q4 Adjusted EBITDA of $30 mln to $40 mln

* Trinseo ( TSE ) anticipates Q4 Free Cash Flow of approximately $20 mln

Result Drivers

* COMPETITIVE PRESSURE - Margin compression in Polymer Solutions and Latex Binders due to competitive price pressure in Europe

* RESTRUCTURING SAVINGS - Savings from restructuring initiatives partially offset lower equity income from Americas Styrenics

* TARIFF UNCERTAINTY - Tariff uncertainty disrupted trade flows and negatively affected consumer sentiment

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Sales Miss $743 mln $791 mln

(2

Analysts

)

Q3 Miss -$2.41 -$1.93

Adjusted (4

EPS Analysts

)

Q3 Miss -$87 mln -$67.50

Adjusted mln (2

Net Analysts

Income )

Q3 Miss $30 mln $49.70

Adjusted mln (3

EBITDA Analysts

)

Q3 $26 mln

EBITDA

Q3 -$28.20

Operatin mln

g income

Analyst Coverage

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the commodity chemicals peer group is "buy."

* Wall Street's median 12-month price target for Trinseo PLC ( TSE ) is $2.50, about 44.4% above its November 5 closing price of $1.39

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)