Celanese Q2 Adj. Profit Beats Estimate - Quick Facts

(RTTNews) - Celanese Corporation (CE) reported second-quarter net income attributable to company of $259 million or $1.66 per share, compared to $133 million or $0.83 per share in the comparable quarter last year.

Adjusted earnings were $1.47 million, up from $1.12 per share, in the year-ago quarter. On average, 16 analysts polled by Thomson Reuters expected the company to report profit per share of $1.24 for the quarter. Analysts' estimates typically exclude special items.

Net sales increased to $1.77 billion from $1.65 billion, a year ago, while thirteen analysts expected revenue of $1.72 billion for the quarter.