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
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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
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News
- Celanese Corporation (NYSE:CE) is favoured by institutional owners who hold 89% of the company [Yahoo! Finance]Yahoo! Finance
- Christopher Kuehn Elected to Celanese Board of DirectorsBusiness Wire
- Celanese Co. (NYSE: CE) had its price target lowered by analysts at Royal Bank of Canada from $122.00 to $88.00. They now have an "outperform" rating on the stock.MarketBeat
- Celanese Co. (NYSE: CE) had its price target lowered by analysts at Citigroup Inc. from $100.00 to $73.00. They now have a "neutral" rating on the stock.MarketBeat
- Conducting Polymers Global Market Research 2024-2034: Growing Shift Towards Sustainable and High-Performance Polymers as Industries Seek Enhanced Electrical Conductivity [Yahoo! Finance]Yahoo! Finance
CE
Earnings
- 11/4/24 - Miss
CE
Sec Filings
- 12/19/24 - Form 8-K
- 12/12/24 - Form 8-K
- 12/9/24 - Form 8-K
- CE's page on the SEC website