Celanese

Celanese Corp. engages in the provision of technology and specialty materials businesses. It operates through the following segments: Engineered Materials, Acetate Tow, Acetyl Chain and Other Activities. The Engineered Materials segment includes the engineered materials business, food ingredients business and certain strategic affiliates. The Acetate Tow segment serves consumer-driven applications and is a global producer and supplier of acetate tow and acetate flake used in filter products applications. The Acetyl Chain segment includes the integrated chain of intermediate chemistry, emulsion polymers and ethylene vinyl acetate (EVA) polymers businesses, based on similar products, production processes, classes of customers and selling and distribution practices as well as economic similarities over a normal business cycle. The Other Activities segment consists of corporate center costs, including administrative activities such as finance, information technology and human resource functions, interest income and expenses associated with financing activities. The company was founded by Camille Dreyfus and Henri Dreyfus in 1918 and is headquartered in Irving, TX.

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Celanese reports robust Q4 performance, addresses challenges, eyes growth

Celanese's Q4 performance was strong, with a focus on debt reduction and strategic investments. Challenges in the M&M business are being addressed, while opportunities lie in market dynamics and operational enhancements. The company's clear Lake expansion project and cost-saving initiatives position it for future growth.

Celanese reports solid Q1 performance, eyes market recovery opportunities

Celanese's Q1 earnings call highlighted a strong performance with a focus on market recovery and controllable actions. The company faces challenges in slower demand growth but sees opportunities in market trends and synergies.

Celanese faces China demand challenges but anticipates debt reduction success

Celanese navigated challenges in China and the Acetyl Chain, with signs of price movement up despite lower demand. Sequential improvement is expected in 4Q through cost control and synergies. The company is focused on aggressively lowering debt and diversifying distribution channels for growth.

Celanese reports robust Q3 earnings, targets debt reduction and growth

Celanese's Q3 earnings call highlighted strong performance in key segments, with a focus on earnings growth, debt reduction, and market challenges. The company's strengths include flexibility, synergies, and cost optimization strategies, while facing challenges from demand uncertainties and pricing fluctuations. Opportunities for Celanese include strategic expansions, sustainability initiatives, and debt reduction goals for future growth.

Celanese projects strong 2024 performance with focus on synergies

Celanese is poised for strong performance in 2024 with a focus on cost efficiencies and operational synergies.
The company's strategic strengths lie in projected synergies, margin expansion, and deleveraging efforts.
Challenges include past volume losses and reliability issues, but opportunities exist in market growth and operational enhancements.
Overall, Celanese is strategically positioned to navigate market conditions and drive value creation.

Celanese resilient in Q1 amidst market disruptions and growth opportunities

Celanese navigated market disruptions to maintain strong financial performance.
Focus on synergies, controllable actions, and market conditions to meet guidance.
Opportunities lie in consumer confidence, Clear Lake expansion, and cost efficiencies.
Challenges include pricing pressure, market disruptions, and delayed startups in China.

Celanese projects growth in Q3 and Q4 amidst market challenges

Celanese anticipates stable market conditions and growth opportunities in Q3 and Q4 driven by synergy capture and productivity improvements.
Efforts to resolve acetyls force majeure and mitigate pricing pressures on raw materials are ongoing.
The company is focused on maximizing free cash flow efficiency, reducing debt, and adapting to market dynamics for sustained growth.
Evaluation of divestiture opportunities and maintaining a balanced approach in methanol integration are key strategic considerations.

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CE's cost-cutting initiatives and acquisition synergies are likely to have contributed to its Q3 performance amid demand and pricing headwinds.

Celanese to Report Q3 Earnings: What's in the Offing for the Stock?

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Celanese (CE), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended September 2024.

Celanese (CE) Q3 Earnings Preview: What You Should Know Beyond the Headline Estimates

Celanese (CE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Celanese (CE) Earnings Expected to Grow: Should You Buy?

Celanese Corporation, a specialty chemicals company, has underperformed the S&P 500 but shows potential for recovery with a solid asset base and forecasted EPS growth. Despite recent challenges, including supplier disruptions, Celanese reported improved earnings and streamlined operations, particularly in engineered materials. The company's EPS is expected to grow at an annualized rate of 18.22% until 2026, with dividends remaining stable at $2.8/share.

Celanese: Sold In January 2024, Back In Again With A 'Buy'

DALLAS--(BUSINESS WIRE)--Celanese Corporation Declares Quarterly Dividend of $0.70 Per Share.

Celanese Corporation Declares Quarterly Dividend of $0.70 Per Share

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.

Bear Of The Day: Celanese (CE)

DALLAS--(BUSINESS WIRE)--Celanese Corporation Reports Third Quarter Earnings.

Celanese to Hold Third Quarter Earnings Conference Call on November 5, 2024

DALLAS--(BUSINESS WIRE)--Bruce Chinn Elected to Celanese Board of Directors.

Bruce Chinn Elected to Celanese Board of Directors

Celanese Corporation (NYSE: CE) has faced a series of downgrades and reduced price targets from prominent financial institutions, reflecting growing concerns about the company's performance in a challenging global environment. Most recently, on 5 September, analysts at Piper Sandler downgraded Celanese from Overweight to Neutral, lowering the price target from $180 to $150.

Celanese Corp stock price prediction: Will the stock keep on falling?

DALLAS--(BUSINESS WIRE)---- $CE--Celanese Corporation Lifts Force Majeure on Western Hemisphere Acetic Acid and VAM.

Celanese Corporation Lifts Force Majeure on Western Hemisphere Acetic Acid and VAM

Celanese is a global producer of specialty chemicals and material products that are involved in several end markets and for a wide range of applications globally. The company reported lower revenues and earnings per share in its recent Q2'24 results, with declines in both the Engineered Materials and Acetyl Chain businesses. Despite challenges, EBITDA grew 18% due to cost synergies, leading to margin expansion.

Celanese Corporation: Margin Expansion Story Doesn't Offset Leverage Risks

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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 - KeyBanc Capital Markets David Begleiter - Deutsche Bank Hassan Ahmed - Alembic Global Salvator Tiano - Bank of America Laurence Alexander - Jefferies Patrick Cunningham - Citi John Roberts - Mizuho Securities John McNulty - BMO Capital Markets Operator Greetings and welcome to Celanese's Second Quarter 2024 Earnings Call and Webcast. [Operator Instructions].

Celanese Corporation (CE) Q2 2024 Earnings Call Transcript

The decline in net sales of Celanese (CE) in Q2 is a result of a decrease in pricing.

Celanese (CE) Q2 Earnings and Sales Fall Short of Estimates

Although the revenue and EPS for Celanese (CE) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Celanese (CE) Reports Q2 Earnings: What Key Metrics Have to Say

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.

Celanese (CE) Lags Q2 Earnings and Revenue Estimates

DALLAS--(BUSINESS WIRE)--Celanese Corporation Reports Second Quarter Earnings.

Celanese Corporation Reports Second Quarter Earnings

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Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Celanese (CE), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended June 2024.

Unveiling Celanese (CE) Q2 Outlook: Wall Street Estimates for Key Metrics

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Celanese's (CE) investment in high-return organic projects, cost-cutting initiatives, and acquisition synergies are likely to have contributed to its Q2 performance amid demand and pricing headwinds.

Celanese (CE) to Report Q2 Earnings: What's in the Offing?

Celanese (CE) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Celanese (CE) benefits from its productivity measures, investments in organic projects, expansion actions and strategic acquisitions amid headwinds from demand softness and pricing pressures.

Here's Why You Should Hold Onto Celanese (CE) Stock for Now

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DALLAS--(BUSINESS WIRE)--Celanese to Hold Second Quarter Earnings Conference Call on August 2, 2024.

News for Celanese Stock (CE)