Celanese (CE) Lags Q3 Earnings and Revenue Estimates
Portfolio Pulse from
Celanese (CE) reported Q3 earnings of $2.44 per share, missing the Zacks Consensus Estimate of $2.84. This is a decrease from $2.50 per share a year ago.
November 05, 2024 | 12:30 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Celanese reported Q3 earnings of $2.44 per share, missing the Zacks Consensus Estimate of $2.84 and down from $2.50 a year ago.
The earnings miss and year-over-year decline in EPS are likely to negatively impact Celanese's stock price in the short term as it indicates weaker-than-expected financial performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100