Home Markets Earnings Estimate Forecast on Celanese Corporation(CE)

Earnings Estimate Forecast on Celanese Corporation(CE)


Celanese Corporation(CE): For the most recent quarter end, Celanese Corporation reported Annual Earnings of $1.52. Based on the filings, last years Annual Earnings was, $6.61. For the most recent quarter end, CE reported a surprise Earnings per Share of 0.66% . The consensus estimate for current quarter is $1.72 and for the current fiscal year, the estimate is $7.25. For the Next fiscal year, the estimate is $8.04 based on the consensus.

Celanese Corporation has received $1.72 as the consensus Earnings Estimate for the Quarter ending on Mar 2017 ,According to the estimate provided by 7 Financial Advisor in the Stock Trading Firms. Among 7 Analysts, Bottom line EPS Estimate for the current quarter is $1.65 while the top line estimate is $1.79 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at -6.17%. Celanese Corporation reported better than expected with a surprise EPS of 0.66% or $0.01 during its most recent quarterly earnings. The Actual EPS was $1.52 compared to the Estimated EPS of $1.51.

Celanese Corporation has a Price to Earnings ratio of 13.62 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 4.27. For the Most Recent Fiscal Year, Celanese Corporation has a price to cash ratio of 10.25. For the Trailing twelve month period, company showed a Net Profit Margin of 16.7% and Return on Equity of the stock is 31.29%.

Celanese Corporation last declared its Dividend on Feb 16, 2017.

Celanese Corporation Last issued its quarterly earnings results on Feb 1, 2017. The company reported $1.52 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $1.51. The company had revenue of $1311.00 million for the quarter, compared to analysts expectations of $1290.89 million. The companys revenue was down -1.7 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.25 EPS.

Company has reported several Insider transactions to the SEC, on Feb 16, 2017, Gjon N Jr Nivica (SVP and General Counsel) sold 12,000 shares at 88.35 per share price.On Feb 14, 2017, Kevin S Oliver (Chief Acctg Officer/Controller) sold 2,327 shares at 87.74 per share price.On Nov 9, 2016, Lori A Johnston (EVP & CAO) sold 83,829 shares at 72.30 per share price.

Celanese Corporation (NYSE:CE) rose 0.3% or 0.27 points on Wednesday and made its way into the gainers of the day. After trading began at $89.45 the stock was seen hitting $90.52 as a peak level and $89.37 as the lowest level. The stock ended up at $90.3. The daily volume was measured at 720,222 shares. The 52-week high of the share price is $90.68 and the 52-week low is $57.49. The company has a market cap of $12,726 million.

Celanese is an integrated global producer of value-added industrial chemicals. They are the worlds largest producer of acetyl products, including acetic acid, vinyl acetate monomer and polyacetals and a leading global producer of high-performance engineered polymers used in consumer and industrial products and designed to meet highly technical customer requirements. Their operations are located in North America, Europe and Asia, including substantial joint ventures in China.



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