Celanese Corporation (CE), a chemical and specialty materials company, on Thursday reported a third-quarter net loss of $1.3 billion or $12.39 per share, compared to a net income of $245 million or $1.03 per share last year.
Adjusted earnings per share for the quarter were $1.34, compared to $2.41 per share last year.
Net sales for the quarter were $2.42 billion, compared to $2.65 billion last year.
The company expects fourth-quarter adjusted earnings per share to be $0.85 to $1.00.
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