Celanese (CE) Beats Q1 Earnings and Revenue Estimates

Core Viewpoint - Celanese reported quarterly earnings of $0.57 per share, exceeding the Zacks Consensus Estimate of $0.37 per share, but down from $2.08 per share a year ago, indicating a significant earnings surprise of 54.05% [1] Financial Performance - The company posted revenues of $2.39 billion for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 5.49%, although this is a decrease from $2.61 billion in the same quarter last year [2] - Over the last four quarters, Celanese has surpassed consensus EPS estimates two times and topped consensus revenue estimates two times [2] Stock Performance - Celanese shares have declined approximately 33.6% since the beginning of the year, contrasting with the S&P 500's decline of -3.3% [3] - The current consensus EPS estimate for the upcoming quarter is $1.43 on revenues of $2.45 billion, and for the current fiscal year, it is $5.13 on revenues of $9.73 billion [7] Industry Outlook - The Chemical - Specialty industry, to which Celanese belongs, is currently ranked in the bottom 41% of over 250 Zacks industries, suggesting potential challenges ahead [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Celanese's stock performance [5]