Celanese's (CE) latest price increase is incremental to any previously announced hikes.
Celanese Corp. shares were flat in after-hours trading Monday after the technology and specialty materials company reported fiscal first-quarter revenue and net income that fell far short of Wall Street estimates. Celanese reported net income of $218 million, or $1.82 a share. Revenue, meanwhile, tumbled to $1.46 billion from $1.69 billion a year ago. Analysts surveyed by FactSet had expected net income of $2.25 a share on sales of $1.54 billion. Celanese shares are down 23% in the last year. The broader S&P 500 index is down 2.2% in the last year.
Celanese Announces Acetyl Intermediates Price Increases
Celanese Files Anti-Dumping Petition with the European Commission Against Korea Petrochemical Industry Co., Ltd.
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Chief Executive Officer Lori Ryerkerk Named Chairman; Mark Rohr to retire from Celanese’s Board of Directors
Q1 2020 Celanese Corp Earnings Call
Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, today announced that Lori Ryerkerk, chairman of the board and chief executive officer, and Scott Richardson, executive vice president and chief financial officer, will participate in the virtual Goldman Sachs Industrials and Materials Conference on Thursday, May 14, 2020, at 1:00 p.m. Eastern time.
Celanese (CE) delivered earnings and revenue surprises of 4.57% and -3.45%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
Here are 5 stocks added to the Zacks Rank 5 (Strong Sell) List today
Here are 5 stocks added to the Zacks Rank 5 (Strong Sell) List today
Soft demand conditions and turnarounds across a number of plants are likely to have weighed on Celanese's (CE) Q1 performance.
Let's take a look at how these chemical companies are poised ahead of their earnings release.
Celanese (CE) plans to supply VAM to Wanwei from its world-scale chemical industrial facility in China.
CE earnings call for the period ending March 31, 2020.
Weak demand hurts Celanese's (CE) revenues in Q1. The company suspends its adjusted earnings per share guidance for 2020.
Celanese (CE) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Q1 Earnings release
Celanese Signs Agreement to Supply Ethylene-based Vinyl Acetate Monomer (VAM) to Wanwei
Today is shaping up negative for Celanese Corporation (NYSE:CE) shareholders, with the analysts delivering a...