Analyst's Disclosure: I/we have a beneficial long position in the shares of CE either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. While this article may sound like financial advice, please observe that the author is not a CFA or in any way licensed to give financial advice. ...

Celanese (CE) is a Zacks Rank #5 (Strong Sell) after the company missed the Zacks Consensus Estimate when the last reported on August 1 of this year. Celanese Corporation is a global hybrid chemical company. The company produces chemical substances and materials. This article will look at why this stock is a Zacks Rank #5 (Strong Sell) as it is the Bear of the Day. Description Celanese Corp. engages in the provision of technology and specialty materials businesses. It operates through the following segments ...

- 博彩 0 I 0 I on pate for 1 II 1 T kim willems Introduction Celanese (NYSE:CE) reported its second quarter for 2024 on August 1, and results came in worse than expected, with a miss on both revenues and EPS. After a major acquisition a few years ago, the company has been trying to navigate a more challenged balance sheet, a more difficult operating environment, and has been actively trying to generate synergies from its previous deal. With Q2'24 now behind the company, in this article, I'll provide my key ta ...

Celanese Corporation (NYSE:CE) Q2 2024 Earnings Conference Call August 2, 2024 11:00 AM ET Company Participants Bill Cunningham - VP of IR Lori Ryerkerk - Chairman of the Board and CEO Scott Richardson - COO Chuck Kyrish - CFO Conference Call Participants Josh Spector - UBS Mike Sison - Wells Fargo Mike Leithead - Barclays Jeff Zekauskas - JPMorgan Ghansham Panjabi - Baird Arun Viswanathan - RBC Capital Markets Vincent Andrews - Morgan Stanley Matthew Hettwer - Vertical Research Partners Aleksey Yefremov - ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________________________________________ Form 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-32410 CELANESE CORPORATION (Exact Name of Registrant as Specified in its Charter) Delaware 98-04207 ...

For the quarter ended June 2024, Celanese (CE) reported revenue of $2.65 billion, down 5.2% over the same period last year. EPS came in at $2.38, compared to $2.17 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $2.73 billion, representing a surprise of -2.74%. The company delivered an EPS surprise of -15.00%, with the consensus EPS estimate being $2.80. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expe ...

Celanese (CE) came out with quarterly earnings of $2.38 per share, missing the Zacks Consensus Estimate of $2.80 per share. This compares to earnings of $2.17 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -15%. A quarter ago, it was expected that this chemical company would post earnings of $1.91 per share when it actually produced earnings of $2.08, delivering a surprise of 8.90%. Over the last four quarters, the company ha ...

Exhibit 99.2 Non-US GAAP Financial Measures and Supplemental Information August 1, 2024 In this document, the terms the "Company," "we" and "our" refer to Celanese Corporation and its subsidiaries on a consolidated basis. Purpose The purpose of this document is to provide information of interest to investors, analysts and other parties including supplemental financial information and reconciliations and other information concerning our use of non-US GAAP financial measures. This document is updated quarterl ...

Fortune recently reported that mergers and acquisitions (M&A) activity is up 17% worldwide through the first half of 2024. Of this activity, 90% of the largest deals so far year-to-date were U.S. targets. Almost half of the top 10 deals in 2024 were stock rather than cash payments. That makes sense given interest rates are higher and stock prices are relatively healthy. So, who are the acquisition targets to buy now? I've recommended three stocks that could be acquisition targets. For my criteria, at least ...

Over the last 30 days, there has been a downward revision of 2.2% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe. In light of this perspective, let's dive into the average estimates of certain Celanese metrics that are commonly tracked and forecasted by Wall Street analysts. It is projected by analysts that the 'Operating EBITDA- Acetyl Chain' will reach ...