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0 0 0.00940769895363352 0.0204473456849382 0.0509743688201978 0.0137275607180571 0.0137285206873381 0.0137285206873381
Stock impact report

Celanese Corporation Reports Second Quarter 2019 Earnings; Reaffirms 2019 Full Year

Celanese Corporation Celanese Corporation (CE) 
Last celanese corporation celanese corporation earnings: 4/27 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.celanese.com
Company Research Source: Business Wire
DALLAS--(BUSINESS WIRE)--Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, reported second quarter GAAP diluted earnings per share of $1.67 and adjusted earnings per share of $2.38 on net sales of $1.6 billion. Celanese delivered solid performance, amid a backdrop of weak demand and accelerated destocking, by exercising its differentiated business models in the Acetyl Chain and Engineered Materials, and demonstrating a stable Acetate Tow earnings profile. In the second quarter, the Company generated operating cash flow of $424 million and free cash flow of $356 million, and returned $378 million to shareholders through $300 million in share repurchases and $78 million in dividends. With an expectation for improved demand fundamentals as the year progresses, the Company reaffirmed its full year 2019 guidance for adjusted EPS.Second Quarter 2019 Financial Highlights: Three Months Ended June 30,2019 March 31,2019 June 30,2018 (unaudited) (In $ millio Show less Read more
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