Celanese Reports Strong 3Q
Specialty material company Celanese Corp. (NYSE:CE) reported adjusted earnings of $1.27 per share in the third quarter of 2011, beating the Zacks Consensus Estimate of $1.11. Diluted earnings per share in the quarter were $1.05 per share, up 12.9% year over year. Revenues and Margins Quarterly revenues grew 20% year over year to $1.81 billion, [...]
Specialty material company Celanese Corp. (NYSE:CE) reported adjusted earnings of $1.27 per share in the third quarter of 2011, beating the Zacks Consensus Estimate of $1.11.
Diluted earnings per share in the quarter were $1.05 per share, up 12.9% year over year.
Revenues and Margins
Quarterly revenues grew 20% year over year to $1.81 billion, primarily driven by higher pricing across all operating segments and favorable currency impacts. Results were above the Zacks Consensus Estimate of $1.69 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards