Celanese Corp. (CE) Reports In-Line Q4 EPS; Maintains Growth Outlook

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Celanese Corporation Reports Full Year 2016 and Fourth Quarter Earnings; Maintains Growth Outlook for 2017

February 1, 2017 5:45 AM EST

DALLAS--(BUSINESS WIRE)-- Celanese Corporation (NYSE: CE), a global technology and specialty materials company, today reported 2016 GAAP diluted earnings per share of $6.19 and adjusted earnings per share of $6.61. The company also reported fourth quarter 2016 GAAP diluted earnings per share of $1.12 and adjusted earnings per share of $1.52. Robust operating models in both Materials Solutions and the Acetyl Chain contributed to superior performance this year. Advanced Engineered Materials delivered strong results by expanding the opportunity pipeline which combines one of the broadest polymer portfolios with exceptional application expertise to develop customer specific solutions. Earlier today, Celanese... More