Celanese jumps after Q3 profit beats estimates

Celanese

07/11/2025 15:17

** Shares of specialty chemicals maker Celanese CE.N rise 10.6% to $39.95

** Co reports Q3 adj EPS of $1.34, beating estimates of $1.22 -LSEG data

** Co says it remains on track to generate $700 million to $800 million in free cash flow in 2025

** Brokerage Baird says CE's strong internal execution through cost reductions and working capital optimization positions them to meet their FCF target, providing stability despite global economic challenges.

** However, Q3 revenue of 2.42 billion, misses estimates of $2.51 billion

** Co forecasts Q4 adj EPS also below expectations

** Six of 17 brokerages rate the stock "buy" or higher, nine "hold" and two "sell" or lower; their median PT is $51

** Including session's moves, stock had fallen 47.8% YTD

 (Reporting by Ragini Mathur in Bengaluru)

 ((Ragini.Mathur@thomsonreuters.com;))