Celanese CORP Earnings Preview For Tuesday (CE)
Celanese CORP (NYSE:CE) is anticipated to report earnings before the opening bell on April 24, 2012.
Who They Are:
Celanese Corporation, a technology and specialty materials company, engages in manufacture and sale of value-added chemicals, thermoplastic polymers, and other chemical-based products. The company was founded in 2004 and is headquartered in Dallas, Texas. Celanese CORP trades an average of 2 million shares per day and has a marketcap of $7.5 Billion.
Book Value: $8.57
Float Short: 1.53%
What To Expect:
Analysts expect an improvement of $0.20 in earnings per share compared to last quarter's results of $0.58. A surprise above $0.78 per share will top the estimated per share earnings.
Currently, $0.68 on the low end and $0.92 per share on the high side is what market participants are anticipating in the report.
Here is a look at the fiscal year revenue for Celanese CORP. 
Recent Stock and Valuation Performance:
The current trailing twelve months P/E ratio is 10.7. The forward P/E ratio is 10.21.
In the last month, the stock has increased in price 4.99%, and changing from last year at this time 7.03%.
When comparing to the S&P 500, the year to date difference is -2.02%.
The company has falling revenue year-over-year of $6.76 billion for 2011 vs. $5.92 billion for 2010. The bottom line has rising earnings year-over-year of $607.00 million for 2011 vs. $377.00 million for 2010.The company's earnings before interest and taxes are rising with an EBIT year-over-year of $690.00 million for 2011 vs. $503.00 million for 2010. Rising revenue along with rising earnings is a very good sign and what we want to see with our companies. Be sure to check the margins in the earnings release to make sure the bottom line is keeping up with the top line.
The short interest is relatively low at 1.53%.
Here are the last few quarters to get an idea how well they perform compared to estimates 
Reported earnings per share compared to the mean estimate. Differences are rounded.
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