Celanese (CE) Cuts FY11 EPS Outlook Below the Street, Offers FY12 Guidance
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Price: $154.94 --0%
EPS Growth %: -5.0%
Financial Fact:
Net earnings (loss) attributable to Celanese Corporation: 262M
Today's EPS Names:
SFST, VLTO, CLIR, More
EPS Growth %: -5.0%
Financial Fact:
Net earnings (loss) attributable to Celanese Corporation: 262M
Today's EPS Names:
SFST, VLTO, CLIR, More
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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.
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