Celanese Corp. (CE) Tops Q4 EPS by 11c, Offers Outlook

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Go back to Celanese Corp. (CE) Tops Q4 EPS by 11c, Offers Outlook

Celanese Corporation Reports Full Year 2017 and Fourth Quarter Earnings; Increases 2018 Outlook

January 25, 2018 4:26 PM EST

DALLAS--(BUSINESS WIRE)-- Celanese Corporation (NYSE: CE), a global technology and specialty materials company, today reported GAAP diluted earnings per share of $6.19 and adjusted earnings per share of $7.51 for 2017. The company also reported fourth quarter GAAP diluted earnings per share of $1.50 and adjusted earnings per share of $1.98. Financial performance for the year was driven by strong contributions from Advanced Engineered Materials (AEM) and the Acetyl Chain which more than offset the decline in Consumer Specialties. Advanced Engineered Materials grew through the success of the opportunity pipeline, increased penetration into China, integration... More