Celanese's Earnings and Revenues Surpass Estimates in Q1

Celanese Corporation (CE) reported first-quarter 2025 earnings from continuing operations of 15 cents, down from $1.10 per share in the prior-year quarter.Adjusted earnings in the first quarter were 57 cents, down 72.6% from $2.08 reported a year ago. The bottom line surpassed the Zacks Consensus Estimate of 37 cents.Revenues of $2,389 million decreased roughly 8.5% year over year and beat the Zacks Consensus Estimate of $2,264.6 million. The decrease in net sales was caused by lower volumes and prices. (Fi ...