Celanese: Q3 Earnings Snapshot

IRVING, Texas (AP) — IRVING, Texas (AP) — Celanese Corporation (CE) on Monday reported third-quarter earnings of $74 million.

The Irving, Texas-based company said it had profit of 67 cents per share. Earnings, adjusted for non-recurring costs and to account for discontinued operations, came to $1.65 per share.

The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.52 per share.

The chemical company posted revenue of $2.56 billion in the period, which fell short of Street forecasts. Six analysts surveyed by Zacks expected $2.58 billion.

Celanese expects full-year earnings in the range of $6 to $6.25 per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CE at https://www.zacks.com/ap/CE