Celanese slides higher as Q3 earnings top consensus despite Clear Lake fire [Seeking Alpha]
Celanese Corporation Celanese Corporation (CE)
Last celanese corporation celanese corporation earnings: 4/27 04:15 pm
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US:NYSE Investor Relations:
investors.celanese.com
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Source: Seeking Alpha
Celanese slides higher as Q3 earnings top consensus despite Clear Lake fire Celanese (NYSE: CE +2.1% Q3 earnings For FY 2019, CE forecasts EPS of $9.60-$9.80, below the $10.14 analyst consensus, seeing "few indications of sustained improvement," which means that "low demand levels are likely to persist through the remainder of the year. CE expects 2020 adjusted EPS of $11-$12, "with the higher end of the range achievable if we see improvement in demand conditions next year," although more clarification on the outlook will be uncertain until next year. During Q3, CE says its Acetyl Chain business recorded $867M in net sales, with volume growth of 1% Q/Q offsetting the impact of foreign currency headwinds, and net sales in the Engineered Materials unit totaled $591M, as volume expanded 2% Q/Q and offset the continuation of depressed demand globally.
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CE
News
- Bronstein, Gewirtz & Grossman, LLC Encourages Celanese Corporation (CE) Shareholders to Inquire about Securities InvestigationAccesswire
- Lost Money on Celanese Corporation(CE)? You May Have Been Affected by Fraud- Contact Levi & KorsinskyAccesswire
- SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Celanese Corporation - CEAccesswire
- Bronstein, Gewirtz & Grossman, LLC Is Investigating Celanese Corporation (CE) And Encourages Shareholders to ConnectAccesswire
- Henkel and Celanese collaborate to offer adhesives made from captured CO2 emissions [Yahoo! Finance]Yahoo! Finance
CE
Earnings
- 11/4/24 - Miss
CE
Sec Filings
- 11/15/24 - Form 4
- 11/15/24 - Form 4
- 11/15/24 - Form 4
- CE's page on the SEC website