Here's Why Celanese Stock Slumped This Week
Shares in chemicals and specialty materials company Celanese (CE -0.16%) slumped by 22.7% in the week to Friday morning. The move follows a disappointing set of fourth-quarter earnings released on Tuesday.
Celanese Corporation (CE) Q4 2024 Earnings Call Transcript
Celanese Corporation (NYSE:CE ) Q4 2024 Earnings Conference Call February 19, 2025 9:00 AM ET Company Participants Bill Cunningham - Vice President, Investor Relations Scott Richardson - President and Chief Executive Officer Chuck Kyrish - Chief Financial Officer Conference Call Participants David Begleiter - Deutsche Bank Frank Mitsch - Fermium Research Jeff Zekauskas - JPMorgan Michael Sison - Wells Fargo Ghansham Panjabi - Baird James Cannon - UBS Vincent Andrews - Morgan Stanley Arun Viswanathan - RBC Capital Markets Patrick Cunningham - Citi Aleksey Yefremov - KeyBanc Capital Markets Kevin McCarthy - Vertical Research Partners Hassan Ahmed - Alembic Global John McNulty - BMO Capital Markets Laurence Alexander - Jefferies John Roberts - Mizuho Salvator Tiano - Bank of America Operator Greetings, and welcome to the Celanese Q4 2024 Earnings Call and Webcast. At this time, all participants are in a listen-only-mode.
Cramer's Stop Trading: Celanese
Jim Cramer breaks down why he's keeping an eye on shares of Celanese.
Celanese's Earnings and Revenues Surpass Estimates in Q4
CE beats expectations amid sustained demand weakness in major end markets in the fourth quarter.
Celanese (CE) Reports Q4 Earnings: What Key Metrics Have to Say
The headline numbers for Celanese (CE) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Celanese (CE) Beats Q4 Earnings and Revenue Estimates
Celanese (CE) came out with quarterly earnings of $1.45 per share, beating the Zacks Consensus Estimate of $1.20 per share. This compares to earnings of $2.24 per share a year ago.
Undercovered Dozen: Celanese, NovaGold Resources, Granite Ridge, Plains GP +
The 'Undercovered' Dozen series highlights 12 lesser-covered stocks, offering fresh investment ideas and fostering discussion among investors. Standout stocks include Byrna Technologies, Granite Ridge Resources, and Centrus Energy, each with unique growth potential and strategic advantages. Applied Materials and Dun & Bradstreet present attractive long-term opportunities, despite recent market reactions and takeover rumors.
Analysts Estimate Celanese (CE) to Report a Decline in Earnings: What to Look Out for
Celanese (CE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Celanese Cuts Its Dividend And Investors Cut Their Losses
Celanese announced in Q3 the temporary suspension of its quarterly dividend, ending a 19-year streak of consecutive payments. Management's plan to generate $800M - $900 million in annual FCF could be reasonable, but debt levels and industry headwinds make a dividend return unlikely before 2027. Weak demand in the automotive and industrial sectors, coupled with oversupply in acetyl and engineering materials, pressures margins and profitability.
These Were the 5 Worst-Performing Stocks in the S&P 500 in 2024
Returning 25% in 2024, the S&P 500 delivered a record-breaking year for stock market investors. A resilient global economy coupled with interest rate cuts by the Federal Reserve continues to fuel optimism toward a strong outlook.
Celanese Corporation Is Being Investigated For Securities Law Violations And Affected Shareholders Are Urged To Contact The Schall Law Firm
LOS ANGELES, CA / ACCESSWIRE / January 15, 2025 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Celanese Corporation ("Celanese" or "the Company") (NYSE:CE) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.
The Schall Law Firm Invites Investors With Losses To Join An Inquiry Into Celanese Corporation For Securities Fraud
LOS ANGELES, CA / ACCESSWIRE / January 14, 2025 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Celanese Corporation ("Celanese" or "the Company") (NYSE:CE) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.
