Celanese (CE) Cuts FY11 EPS Outlook Below the Street, Offers FY12 Guidance
Tweet
Share
E-mailGet Alerts CE Hot Sheet
Join SI Premium – FREE
Celanese (NYSE: CE) cuts its FY11 EPS guidance from $4.60-$4.70 to about $4.45, which compares to the Street estimate of $4.71.
Cites "weakened fourth quarter economic conditions, particularly in Europe, resulting in lower than expected customer demand during the latter part of the fourth quarter..."
Sees FY12 EPS of about $4.70, right inline with the current analyst consensus.
Cites "weakened fourth quarter economic conditions, particularly in Europe, resulting in lower than expected customer demand during the latter part of the fourth quarter..."
Sees FY12 EPS of about $4.70, right inline with the current analyst consensus.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Citi analyzes positioning in US chemicals stocks
- Analog Devices (ADI) Tops Q3 EPS by 11c, Beats on Revenue; Offers Q4 Guidance
- Toll Brothers (TOL) Tops Q3 EPS by 5c, reaffirms guidance
Create E-mail Alert Related Categories
Guidance, Hot GuidanceSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
