skip to the main content

Celanese Corporation's Upcoming Earnings Report: A Financial Overview

Celanese Corporation's Upcoming Earnings Report: A Financial Overview

Published at

Available audios
  • Wall Street analysts estimate Celanese's earnings per share (EPS) to be $1.25, with projected revenue of $2.36 billion.
  • Analysts expect a decline in earnings for the quarter ended December 2024, with a consensus EPS estimate of $1.20.
  • The company's financial health is highlighted by a price-to-earnings (P/E) ratio of 6.55 and a debt-to-equity ratio of 1.82.

Celanese Corporation (NYSE:CE) is a global chemical and specialty materials company. It produces a wide range of products used in industries such as automotive, consumer goods, and pharmaceuticals. As a key player in the chemical sector, Celanese competes with companies like Dow Inc. and Eastman Chemical Company. The company is set to release its quarterly earnings on February 18, 2025.

Wall Street analysts estimate Celanese's earnings per share (EPS) to be $1.25, with projected revenue of $2.36 billion. However, analysts expect a decline in earnings for the quarter ended December 2024, with a consensus EPS estimate of $1.20. This suggests a potential decrease in revenue compared to the previous year, as highlighted by the anticipated figures.

The upcoming earnings report could significantly impact Celanese's stock price. If the company surpasses the $1.20 EPS expectation, the stock might trend upward. Conversely, if results fall short, a decline could occur. The sustainability of any price changes will depend on management's discussion of business conditions during the earnings call.

Celanese's financial metrics provide insight into its market valuation. The company has a price-to-earnings (P/E) ratio of 6.55, indicating how the market values its earnings. Its price-to-sales ratio is 0.68, suggesting the stock is valued at less than its annual sales. The enterprise value to sales ratio is 1.87, reflecting the company's total valuation relative to its sales.

The company's financial health is further illustrated by its debt-to-equity ratio of 1.82, showing its reliance on debt financing. The current ratio of 1.37 indicates Celanese's ability to cover short-term liabilities with short-term assets. These metrics, along with an earnings yield of 15.27%, provide a comprehensive view of Celanese's financial standing.

About elanese Corporation

Research $CE
Location
Irving, US
Sector / Industry
Basic Materials
Chemicals
Price
$57.10
Market Cap.
$6.24 B
Volume
2.89 M
Company Description
Celanese Corporation, a technology and specialty materials company, manufactures and sells high performance engineered polymers in the United States and internationally. The company operates through three segments: Engineered Materials, Acetate Tow, and Acetyl Chain. The Engineered Materials segment develops, produces, and supplies specialty polymers for automotive and medical applications, as well as for use in industrial products and consumer electronics.