Trinseo S.A. (TSE)

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TSE Pre-Call Modest Beat w Lowered Guidance (As Expected)

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TSE Improvements in 2Q No. Reducing Estimates

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TSE Proactive Initial Steps

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TSE Pre-call 1Q Steps Over Lowered Hurdle; ’19 Range Straddles Consensus

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TSE Probabilities Skew Toward Upper Half

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TSE Pre-Call 2019 Crystal Ball Off by $10MM

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TSE 2019 Starting from a Low Base; Cutting Estimates

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TSE Bigger 4Q Miss than We Expected

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TSE estimates change

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