Celanese Corp Class A
CE: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| j!V | LOCK|vwrB | LOCK|#>s$^Tq |
Celanese Earnings: Shares Plunge on Guidance Below Consensus; We Cut Fair Value to $100 From $110
Celanese's second-quarter results reflected a weakening end-market demand environment, as operating EBITDA was down 16% year over year. Celanese shares were down 12% at the time of writing as the market reacted to third-quarter guidance coming in well below FactSet consensus estimates.
