Celanese Corporation (CE) is scheduled to release second-quarter 2024 results after the closing bell on Aug 1. Image Source: Zacks Investment Research The Zacks Consensus Estimate for sales for the to-be-reported quarter is currently pegged at $2,725.7 million, which implies a decline of 2.5% from the year-ago reported number. Celanese's strategic acquisitions, productivity initiatives and investments in organic projects are expected to have aided its earnings in the second quarter. The company is taking st ...

Celanese Corporation (CE) is expected to benefit from its investments in high-return organic projects, cost and productivity actions and synergies of acquisitions. However, it faces headwinds from weak demand in certain end markets and pricing pressures. Image Source: Zacks Investment Research Celanese's strategic acquisitions have provided it with opportunities for additional growth, investment and synergies. The acquisition of the majority of DuPont's Mobility & Materials ("M&M") business has allowed Cela ...

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Axalta Coating Systems, carrying a Zacks Rank #1, has a projected earnings growth rate of 26.8% for the current year. In the past 60 days, the consensus estimate for AXTA's current-year earnings has been revised upward by 5.9%. The company's shares have gained roughly 6% in the past year. Shares of this leading chemical and specialty materials maker are up 22.3% over a year compared with a 13% decline of its industry. Celanese, a Zacks Rank #3 (Hold) stock, remains focused on executing its productivity prog ...

Celanese Corporation (CE) declared force majeure and instituted sales controls for acetic acid and vinyl acetate monomer (VAM) in the Western Hemisphere. This decision is driven by severe force majeure conditions and operational setbacks faced by several suppliers of crucial raw materials essential for Celanese's production processes. The company is currently evaluating the impact of these supply chain disruptions, alongside other operational issues affecting its Acetyl Chain network in the U.S. Gulf Coast. ...

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Table of Contents 12. Derivative Financial Instruments Information regarding changes in the fair value of the Company's derivative and non-derivative instruments is as follows: | --- | --- | --- | --- | --- | --- | |---------------------------------------------|-------|-------------------------------------|-----------|-------|--------------------------------------------| | | 2024 | Three Months Ended March 31, \n2023 | 2024 | 2023 | Statement of Operations Classification | | | | (In $ | millions) | | | | De ...

财务数据和关键指标变化 - 公司在2024年第一季度的财务表现与预期一致，整体未见显著的积极或消极变化 [11][12] - 预计2024年全年的每股收益（EPS）将在5美元至6.50美元之间，主要依赖于可控的行动和协同效应 [20][21] 各条业务线数据和关键指标变化 - 工程材料的销量同比下降12%，主要由于去年底的库存调整和医疗行业的季节性波动 [26][27] - 乙酰链的销量同比增长11%，主要得益于Clear Lake扩张的推动 [28][29] 各个市场数据和关键指标变化 - 中国市场的需求相对稳定，但出口仍然滞后，影响了整体材料的流动 [11][12] - 欧洲市场的需求依然疲软，未能达到正常水平，尤其是在建筑和涂料行业 [12][13] 公司战略和发展方向和行业竞争 - 公司计划通过可控的行动和协同效应来实现2024年的财务目标，特别是在M&M协同效应和Clear Lake扩张方面 [20][21] - 公司在可持续产品方面的优势正在增强，尤其是在乙酸和VAE产品的市场需求上 [78][79] 管理层对经营环境和未来前景的评论 - 管理层认为，消费者信心的恢复将是推动耐用消费品需求回升的关键 [15][16] - 对于未来的市场前景，管理层持谨慎乐观态度，认为在可控因素的推动下，业绩将逐步改善 [21][22] 其他重要信息 - 预计2024年将面临300百万美元的现金税支出，较去年增加75百万美元 [53][54] - 公司在第一季度经历了历史上最大的单一单位停工，尽管如此，仍实现了28%的EBITDA利润率 [110] 问答环节所有提问和回答 问题: 全球宏观经济环境的看法 - 管理层表示，全球宏观经济环境总体未见显著变化，尤其是中国的出口需求仍然滞后 [11][12] 问题: 2024年全年的指导 - 管理层认为，2024年的财务目标主要依赖于可控的行动和协同效应，预计将实现目标 [20][21] 问题: 工程材料的定价压力 - 管理层指出，工程材料领域的定价压力持续，主要由于原材料成本的波动 [22][23] 问题: 乙酰链的市场动态 - 管理层提到，乙酰链的市场需求受到新产能的影响，但整体仍有机会通过灵活的全球网络来维持盈利 [78][79] 问题: 未来的现金流展望 - 管理层预计2024年的现金流将主要集中在下半年，且将努力实现与去年相当的结果 [51][52]

Celanese Corporation (CE) reported first-quarter 2024 earnings from continuing operations of $1.10 per share, rising from 86 cents in the prior-year quarter.Adjusted earnings in the first quarter were $2.08 per share, up 3.5% from $2.01 reported a year ago. The bottom line surpassed the Zacks Consensus Estimate of $1.91.Revenues of $2,611 million decreased roughly 8.5% year over year and missed the Zacks Consensus Estimate of $2,748.6 million.Segment HighlightsNet sales in the Engineered Materials unit were ...

For the quarter ended March 2024, Celanese (CE) reported revenue of $2.61 billion, down 8.5% over the same period last year. EPS came in at $2.08, compared to $2.01 in the year-ago quarter.The reported revenue represents a surprise of -5.01% over the Zacks Consensus Estimate of $2.75 billion. With the consensus EPS estimate being $1.91, the EPS surprise was +8.90%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectati ...