Celanese Corp CE:NYSE

Last Price$122.68NYSE Previous Close - Last Trade as of 6:30PM ET 9/20/19
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Bid (Size)$100.00 (1)
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Volume1.5 M

Celanese's 2019 Estimate Scaled Up but Q2, and 2020 Outlook Lowered

12:16AM ET 4/25/2019 MT Newswires
Celanese Corp's (NYSE:CE, Recent Price: 110.89) earnings targets for Q2 ending June 30, 2019, and the forecasts for 2019 and 2020 have been revised. The Q2 earnings estimate has been scaled down to $2.62 per share down from the previous consensus estimate of $2.65 per share, however, the estimate full year estimate for 2019, has been scaled up to $10.38 per share from the previous consensus of $10.35 per share. In contrast, the full year 2020 estimate has been reduced from $11.70 per share to $11.68 per share. Currently, there are 20 estimates used to compile the Q2 forecast and 22 distributed estimates incorporated in the full year forecasts for both 2019 and 2020.