Celanese Corporation Reports Record Quarterly Adjusted Earnings Per Share of $1.83; Raises 2016 Outlook Range to 8-10 Percent Growth in Adjusted Earnings Per Share

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Go back to Celanese Corporation Reports Record Quarterly Adjusted Earnings Per Share of $1.83; Raises 2016 Outlook Range to 8-10 Percent Growth in Adjusted Earnings Per Share

UBS Remains Sidelined on Celanese Corp. (CE) Following 1Q Earnings

April 19, 2016 8:09 AM EDT

UBS reiterated a Neutral rating on Celanese Corp. (NYSE: CE), and raised the price target to $70.00 (from $64.00), following the company's 1Q earnings report.

Analyst John Roberts commented, "Conf. call at 10am (866-235-9919). Reflecting the 1Q beat, CE raised its 2016 EPS guidance to 8-10%... More

Celanese Corp. (CE) Tops Q1 EPS Views; Updates on FY16 Outlook

April 18, 2016 5:01 PM EDT

Celanese Corp. (NYSE: CE) reported Q1 EPS of $1.83, $0.34 better than the analyst estimate of $1.49. Revenue for the quarter came in at $1.4 billion versus the consensus estimate of $1.39 billion.

The company said:

"We continue to demonstrate the strength of our business... More