Celanese (CE) reported Q4 adjusted earnings late Tuesday of $1.45 per share, down from $2.24 a year earlier.
Analysts polled by FactSet expected $1.20.
Net sales for the quarter that ended Dec. 31 was $2.37 billion, down from $2.57 billion a year earlier.
Analysts surveyed by FactSet expected $2.37 billion.
For Q1, the company expects EPS of $0.25 to $0.50, including the impact of non-recurring costs. Analysts polled by FactSet expect non-GAAP EPS of $1.62.
Shares were down nearly 11% in recent after-hours activity.
Price: 62.39, Change: -7.52, Percent Change: -10.76
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