Celanese Earnings Surge, Despite Revenue Miss

Markets & Money Today | 2 Min News | The Daily News Now! - Podcast autorstwa The Daily News Now! - Piątki

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Celanese Corporations Q3 earnings surpassed expectations, with adjusted EPS of $1.34, up from $1.22. Despite a revenue miss and lower Q4 forecast, investors cheered the companys $375M free cash flow and plans to sell Micromax portfolio for $500M to reduce debt. Overall, a positive outlook despite mixed results.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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