Celanese Corp reports results for the quarter ended September 30 - Earnings Summary

• Celanese Corp CE.N reported quarterly adjusted earnings of $1.65​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of $1.34. The mean expectation of nineteen analysts for the quarter was for earnings of $1.56 per share. Wall Street expected results to range from $1.36 to $1.72 per share.

• Revenue rose 5.7% to $2.56 billion from a year ago; analysts expected $2.62 billion.

• Celanese Corp's reported EPS for the quarter was 67 cents​.

• The company reported quarterly net income of $74 million.

• Celanese Corp shares had risen by 11.1% this quarter and gained 16.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 13% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy," 7 "hold" and 1 "sell" or "strong sell."

This summary was machine generated from LSEG data November 2 at 11:36 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)