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IRVING, Texas Celanese Corporation (CE) on Thursday reported second-quarter earnings of $538 million. On a per-share basis, the Irving, Texas-based company said it had net income of $4.77. Earnings, adjusted for non-recurring costs and to account for discontinued operations, were $5.02 per share. The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $4.49 per share. The chemical company posted revenue of $2.2 billion in the period, also exceeding Street forecasts. Five analysts surveyed by Zacks expected $1.9 billion. Celanese expects full-year earnings to be $16.50 to $17 per share. ...................... Celanese shares have increased 15% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $148.88, an increase of 59% in the last 12 months.

United statesZacks investment researchCelanese corporationWall streetAutomated insightsZacks investmentஒன்றுபட்டது மாநிலங்களில்ஜாக்கக்ஸ் முதலீடு ஆராய்ச்சிசெலானீஸ் நிறுவனம்சுவர் தெருதானியங்கி நுண்ணறிவுஜாக்கக்ஸ் முதலீடு