Celanese Corporation Reports Third Quarter Earnings; Maintains 2016 Outlook
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Nomura Securities Raises Price Target on Celanese Corp. (CE) Following 3Q EPS Beat
October 19, 2016 8:57 AM EDTNomura Securities reiterated a Neutral rating on Celanese Corp. (NYSE: CE), and raised the price target to $77.00 (from $70.00), following the company's 3Q earnings report. CE reported EPS of $1.67, ahead of the consensus estimate of $1.61. Nomura sees CE's share price risks skewed to the... More
Celanese Corp. (CE) Tops Q3 EPS by 6c
October 17, 2016 4:46 PM EDTCelanese Corp. (NYSE: CE) reported Q3 EPS of $1.67, $0.06 better than the analyst estimate of $1.61. Revenue for the quarter came in at $1.32 billion versus the consensus estimate of $1.38 billion.
Outlook
The company said, "In the third quarter, we once again... More
