Celanese Corporation Reports Full Year 2016 and Fourth Quarter Earnings; Maintains Growth Outlook for 2017
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Celanese (CE) PT Raised to $98 at Barclays
February 2, 2017 8:49 AM ESTBarclays raised its price target on Celanese (NYSE: CE) to $98.00 (from $85.00) while maintaining a Overweight rating.
Analyst Duffy Fischer commented, "CE reported 4Q'16 adj. EPS of $1.52 vs. consensus of $1.51 and $1.25 in 4Q'15. Earnings in Materials Solution continue to drive EPS growth, with +20% y/y... More
Celanese Corp. (CE) Reports In-Line Q4 EPS; Maintains Growth Outlook
February 1, 2017 5:48 AM ESTCelanese Corp. (NYSE: CE) reported Q4 EPS of $1.52, in-line with the analyst estimate of $1.52. Revenue for the quarter came in at $1.31 billion versus the consensus estimate of $1.29 billion.
Outlook
"In 2016, we successfully executed on our plans to deliver yet another year of strong... More
