Specialty materials firm Celanese's Q3 sales miss estimates on lower volumes in engineered materials segment

Celanese

06/11/2025 22:15

Overview

Celanese Q3 net sales declined 4% sequentially, missing analyst expectations

Adjusted EPS for Q3 beats analyst estimates, despite challenging end-markets

Company announces divestiture of Micromax business for $500 mln

Outlook

Celanese expects Q4 adjusted EPS between $0.85 and $1.00

Company anticipates FY 2025 free cash flow of $700 to $800 mln

Celanese sees Q4 volume declines due to western hemisphere seasonality

Result Drivers

VOLUME DECLINE - Engineered Materials segment saw a 6% volume decline due to cautious customer behavior and lower auto builds

DEMAND CHALLENGES - Acetyl Chain faced demand challenges in building and construction markets and an unplanned outage at Clear Lake

COST REDUCTIONS - Focus on cost reductions and strategic divestitures supported cash flow and deleveraging efforts

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Sales
Miss
$2.42 bln
$2.51 bln (12 Analysts)
Q3 Adjusted EPS
Beat
$1.34
$1.22 (16 Analysts)
Q3 Net Earnings
-$1.35 bln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 6 "strong buy" or "buy", 9 "hold" and 2 "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 $51.00, about 27.6% above its November 5 closing price of $36.94

The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 9 three months ago

Press Release: ID:nBw7vwvg8a

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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.)