Celanese Corporation Reports Full Year 2019 and Fourth Quarter Earnings; Reaffirms 2020 Outlook

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Go back to Celanese Corporation Reports Full Year 2019 and Fourth Quarter Earnings; Reaffirms 2020 Outlook

Celanese Corp. (CE) Misses Q4 EPS by 14c, Revenues Miss

January 30, 2020 4:33 PM EST

Celanese Corp. (NYSE: CE) reported Q4 EPS of $1.99, $0.14 worse than the analyst estimate of $2.13. Revenue for the quarter came in at $1.42 billion versus the consensus estimate of $1.53 billion.

"Against significant challenges throughout 2019, underpinned by disappointing global demand, our teams demonstrated great resiliency in delivering the second strongest performance in Celanese history. In this... More