|Bid||153.05 x 800|
|Ask||152.45 x 900|
|Day's range||149.20 - 161.13|
|52-week range||120.93 - 176.50|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||9.08|
|Earnings date||20 Apr 2022 - 25 Apr 2022|
|Forward dividend & yield||2.72 (1.70%)|
|Ex-dividend date||29 Oct 2021|
|1y target est||195.59|
Celanese's (CE) Q4 results benefit from an increase in pricing amid cost inflation in raw material, energy, and logistics.
Celanese (CE) delivered earnings and revenue surprises of -2.77% and 1.50%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
DALLAS, January 27, 2022--Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, today reported record GAAP diluted earnings per share of $17.06 and record adjusted earnings per share of $18.12 for full year 2021. The Company reported 2021 net sales of $8.5 billion, 51 percent higher than the previous year. Higher net sales were driven by pricing and volume increases over the prior year of 39 percent and 10 percent, respectively. Celanese successfully offset $1.1 bil