Celanese Corporation Reports First Quarter 2018 Earnings; Increases 2018 Outlook
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Celanese (CE) PT Raised to $138 at Goldman Sachs Following 1Q
April 18, 2018 8:45 AM EDTGoldman Sachs raised its price target on Celanese (NYSE: CE) to $138.00 (from $137.00) while maintaining a Buy rating following the company's 1Q earnings release. CE reported adjusted 1Q EPS of $2.79, meaningfully above the Street estimates of $2.33.
Goldman Sachs' updated estimates imply a 12% upside to the... More
Celanese (CE) PT Raised to $128 at RBC Capital; 'Exceptionally Strong Quarter'
April 18, 2018 6:41 AM EDTRBC Capital raised its price target on Celanese (NYSE: CE) to $128.00 (from $124.00) while maintaining a Outperform rating.
Analyst Arun Viswanathan notes the company delivered an "exceptionally strong quarter" on improvement in the upstream Acetyls Chain.
... MoreCelanese Corp. (CE) Tops Q1 EPS by 48c
April 16, 2018 4:26 PM EDTCelanese Corp. (NYSE: CE) reported Q1 EPS of $2.79, $0.48 better than the analyst estimate of $2.31. Revenue for the quarter came in at $1.85 billion versus the consensus estimate of $1.66 billion.
Outlook
"The first quarter of 2018 represents a combination of stronger industry fundamentals and the strength of our commercial models. In Engineered Materials,... More
