Celanese Corporation Reports Full Year 2017 and Fourth Quarter Earnings; Increases 2018 Outlook
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Celanese Corp. (CE) Tops Q4 EPS by 11c, Offers Outlook
January 25, 2018 4:27 PM ESTCelanese Corp. (NYSE: CE) reported Q4 EPS of $1.98, $0.11 better than the analyst estimate of $1.87. Revenue for the quarter came in at $1.59 billion versus the consensus estimate of $1.5 billion.
Outlook
"We set out in 2017 to further strengthen our business models in both AEM and the Acetyl Chain while addressing the headwinds in Consumer Specialties. In AEM, we made progress on integrating two high value-add acquisitions. Organic growth was further enhanced by extending the opportunity pipeline to the newly integrated polymers, creating... More
