Celanese Q2 adjusted EPS beats estimates, sales meet expectations

Celanese

04/08/2026 21:27

Overview
US chemical materials maker's Q2 sales met analyst expectations, rising 18% sequentially
Adjusted EPS for Q2 beat analyst expectations
Company completed cost-saving initiatives expected to deliver over $50 mln in annualized savings

Outlook
Celanese expects Q3 adjusted EPS of about $1.35 to $1.75
Company maintains full-year adjusted EPS guidance of about $6.00
Celanese expects 2026 free cash flow of $700 mln to $800 mln

Result Drivers
PRICE AND VOLUME GAINS - Co said Q2 sales rose on higher prices and increased volumes across both business segments
GROWTH PLATFORMS - Co cited continued momentum in medical and electronics as contributing to results
COST SAVINGS INITIATIVES - Facility closures and manufacturing network optimization expected to deliver over $50 mln in annualized fixed-cost savings

Company press release: ID:nBw4BgJqma

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
Meet
$2.75 bln
$2.75 bln (13 Analysts)
Q2 Adjusted EPS
Beat
$2.45
$2.23 (16 Analysts)
Q2 EPS - continuing operations
 
$1.15
 
Q2 Net Earnings
 
$129 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy", 7 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the specialty chemicals peer group is "buy"
Wall Street's median 12-month price target for Celanese Corp is $68.00, about 54.9% above its August 3 closing price of $43.89
The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 12 three months ago

Reuters Recommended Reads
Aug 4 - DuPont narrows annual sales forecast on water business weakness, shares down
Aug 4 - Westlake Chemical Partners' Q2 net income dips
Aug 4 - Synthomer shares jump as UK specialty chemicals firm lifts 2026 outlook

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)