Celanese Sees Q4 Adj. EPS $2.10-$2.50; Sees Full-Year Adj. EPS At Lowe End Of $9-$10 Range
Portfolio Pulse from Benzinga Newsdesk
Celanese Corporation (CE) has projected its Q4 adjusted EPS to be between $2.10 and $2.50. The company also expects its full-year adjusted EPS to be at the lower end of the $9-$10 range.
November 06, 2023 | 10:30 pm
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Celanese Corporation's Q4 and full-year adjusted EPS projections are lower than expected, which may negatively impact the stock price.
Earnings per share (EPS) is a key indicator of a company's profitability. Lower than expected EPS often leads to a decrease in the company's stock price as it indicates lower profitability. Therefore, Celanese Corporation's lower than expected EPS projections for Q4 and the full year may negatively impact its stock price.
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