Celanese Earnings Preview: Can This Streak Continue?

Celanese (NYSE:CE) will report earnings after markets close on Thursday, July 18th. Celanese Corporation is a global industrial chemicals company. Its business involves processing chemical raw materials, such as ethylene and propylene, and natural products, including natural gas and wood pulp, into chemicals and chemical-based products.

Here is your Cheat Sheet to Celanese Earnings:

Earnings Expectations: Analysts expect earnings of $1.16 per share on revenues of $1.66 billion. Currently, the company’s P/E ratio stands at 13.72.

Analyst Trends:

Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $1.09 to a profit $1.19. For the current year, the average estimate is a profit of $4.54, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how Celanese has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 6,823 5,082 5,918 6,763 6,418
Diluted EPS ($) 1.70 3.11 2.37 3.82 3.79

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012 Mar. 31, 2013
Revenue ($) in millions 1,675.00 1,609.00 1,501.00 1,605.00
Diluted EPS ($) 1.31 0.73 0.59 0.89

Past Performance:
Celanese has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)