Celanese Corporation Reports Third Quarter 2019 Earnings

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Go back to Celanese Corporation Reports Third Quarter 2019 Earnings

Celanese Corp. (CE) Tops Q3 EPS by 2c, Offers FY19 and FY20 Guidance

October 21, 2019 4:32 PM EDT

Celanese Corp. (NYSE: CE) reported Q3 EPS of $2.53, $0.02 better than the analyst estimate of $2.51. Revenue for the quarter came in at $1.59 billion versus the consensus estimate of $1.64 billion.

GUIDANCE:

Celanese Corp. sees FY2019 EPS of $9.60-$9.80, versus the consensus of $10.14.

Celanese Corp. sees FY2020 EPS of $11.00-$12.00, versus the consensus of $11.25.

Outlook

"Our businesses and teams have displayed remarkable resilience in the third quarter to deliver sequential... More