Celanese (NYSE:CE) reported its Q1 earnings results on Thursday, April 28, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Celanese beat estimated earnings by 22.84%, reporting an EPS of $5.54 versus an estimate of $4.51.
Revenue was up $740.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.15 which was followed by a 4.3% drop in the share price the next day.
Here's a look at Celanese's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 5.06 | 4.74 | 4.25 | 2.96 |
| EPS Actual | 4.91 | 4.82 | 5.02 | 3.46 |
| Revenue Estimate | 2.28B | 2.13B | 1.92B | 1.72B |
| Revenue Actual | 2.27B | 2.27B | 2.20B | 1.80B |
To track all earnings releases for Celanese visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
