Tuesday, Celanese Corp. (CE) reported fourth net earnings attributable to Celanese Corp. of $5 million or $0.02 per share, compared to a loss of $155 million or $1.09 per share in the same quarter last year.
On an adjusted basis, net income was $0.50 per share, compared to a loss of $0.40 per share in the prior year quarter.
On average, nine analysts polled by Thomson Reuters expected the company to earn $0.47 per share for the quarter. Analysts' estimates typically exclude special items.
Net sales for the quarter increased to $1.39 billion from $1.29 billion in the comparable quarter last year. Analysts expected the company to report revenue of $1.25 billion for the quarter.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.