Celanese (NYSE:CE) reported its Q4 earnings results on Thursday, January 27, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Celanese missed estimated earnings by 2.96%, reporting an EPS of $4.91 versus an estimate of $5.06, which did not surprise analysts.
Revenue was up $684.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.08, which was followed by a 1.63% increase in the share price the next day.
Here's a look at Celanese's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 4.74 | 4.25 | 2.96 | 1.71 |
| EPS Actual | 4.82 | 5.02 | 3.46 | 2.09 |
| Revenue Estimate | 2.13B | 1.92B | 1.72B | 1.40B |
| Revenue Actual | 2.27B | 2.20B | 1.80B | 1.59B |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
