Celanese Corporation Reports Third Quarter 2021 Earnings; Raises Full Year 2021 and 2022 Financial Outlooks
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Go back to Celanese Corporation Reports Third Quarter 2021 Earnings; Raises Full Year 2021 and 2022 Financial Outlooks
October 25, 2021 4:39 PM EDT
Stifel analyst Vincent Anderson raised the price target on Celanese (NYSE: CE) to $172.00 (from $150.00) while maintaining a Hold rating.
The analyst commented, "We are updating estimates following 3Q21 results and company guidance. On net, we are increasing our estimates for 2022 on higher Acetyl... More
October 22, 2021 8:47 AM EDT
Jefferies analyst Laurence Alexander raised the price target on Celanese (NYSE: CE) to $200.00 (from $195.00) while maintaining a Buy rating.
The analyst commented, "Despite raw materials shortages and supply-chain challenges, Q3 EPS of $4.82 was $0.07 above consensus and $0.02 above our estimate. Q4 EPS pegged at... More
October 21, 2021 4:17 PM EDT
Celanese Corp. (NYSE: CE) reported Q3 EPS of $4.82, $0.11 better than the analyst estimate of $4.71. Revenue for the quarter came in at $2.3 billion versus the consensus estimate of $2.08 billion.
GUIDANCE:
Celanese Corp. sees Q4 2021 EPS of $5.00, versus the consensus of... More
