Published on 21 Mar 2024 on Zacks via Yahoo Finance
Why Is Celanese (CE) Up 10% Since Last Earnings Report?
It has been about a month since the last earnings report for Celanese (CE). Shares have added about 10% in that time frame, outperforming the S&P 500.
Will the recent positive trend continue leading up to its next earnings release, or is Celanese due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts.
Celanese's Earnings and Revenues Miss Estimates in Q4