Seeking Alpha

Shares of specialty chemical maker Celanese (CE +12%) are on a tear this morning after posting a...

Shares of specialty chemical maker Celanese (CE +12%) are on a tear this morning after posting a solid Q1 EPS beat late yesterday. Operating profits rose 66% Y/Y to $184M, while adjusted earnings were up 44% to $1.14 as the company posted record profit out of its Advanced Engineered Materials unit. Consumer specialties also posted a solid quarter, driven by a dividend payment out of its China venture and continued strong demand in Acetate and lower energy costs related to the closing of its Spondon acetate facility.

Check out Seeking Alpha’s new Earnings Center »

Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs