Celanese Corporation (CE) reported third quarter net earnings attributable to common shareholders of $396 million or $2.53 per share, compared to $155 million or $0.97 per share last year.
Earnings per share from continuing operations were $2.53, compared to $1.01 in the prior year quarter.
Adjusted earnings per share were $0.58, lower than $0.78 in the same quarter last year.
On average, 9 analysts polled by Thomson Reuters expected the company to report earnings of $0.43 per share. Analysts' estimates typically exclude special items.
Net sales declined to $1.3 billion from $1.82 billion in the year ago quarter. Four analysts estimated revenues of $1.26 billion.
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