Celanese CE reported its Q3 earnings results on Thursday, October 21, 2021 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Celanese beat their estimated earnings by 1.69%, which did not surprise analysts.
Revenue was up $855,000,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.77, which was followed by a 3.11% increase in the share price the next day.
Here's a look at Celanese's past performance and the resulting price change:
| Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
|---|---|---|---|---|
| EPS Estimate | 4.25 | 2.96 | 1.71 | 1.70 |
| EPS Actual | 5.02 | 3.46 | 2.09 | 1.95 |
| Revenue Estimate | 1.92B | 1.72B | 1.40B | 1.34B |
| Revenue Actual | 2.20B | 1.80B | 1.59B | 1.41B |
To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.
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