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 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.