Top Wall Street Forecasters Revamp Celanese Expectations Ahead Of Q1 Earnings

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Celanese Corporation (NYSE:CE) will release earnings for its first quarter after the closing bell on Tuesday, May 5.

Analysts expect the Irving, Texas-based company to report quarterly earnings of 88 cents per share. That’s up from 57 cents per share in the year-ago period. The consensus estimate for Celanese’s quarterly revenue is $2.35 billion (it reported $2.39 billion last year), according to Benzinga Pro.

On April 15, Celanese declared quarterly dividend of 3 cents per share.

Shares of Celanese fell 0.7% to close at $68.74 on Monday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the …

Full story available on Benzinga.com

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