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Celanese: Q3 Earnings Snapshot
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IRVING, Texas (AP) — IRVING, Texas (AP) — Celanese Corporation (CE) on Monday reported third-quarter earnings of $74 million.

The Irving, Texas-based company said it had profit of 67 cents per share. Earnings, adjusted for non-recurring costs and to account for discontinued operations, came to $1.65 per share.

The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.52 per share.

The chemical company posted revenue of $2.56 billion in the period, which fell short of Street forecasts. Six analysts surveyed by Zacks expected $2.58 billion.

Celanese expects full-year earnings in the range of $6 to $6.25 per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CE at https://www.zacks.com/ap/CE

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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