secwatch.observer — SEC 8-K summary
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Issuer:     Celanese Corp (CE)
CIK:        0001306830
Form:       8-K
Filed at:   2022-11-03T23:59:59+00:00
Accession:  0001306830-22-000179
Event type: earnings
Sentiment:  negative
Materiality: 0.78
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Celanese Q3 GAAP EPS $1.76, adj. EPS $3.94; revenue $2.3B; closes M&M acquisition; guides Q4 adj. EPS $1.50-$2.00
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- GAAP diluted EPS $1.76, adjusted EPS $3.94; net sales $2.3B, down 7% sequentially.
- Engineered Materials adj. EBIT $206M (-$18M QoQ); Acetyl Chain adj. EBIT $322M on 25% margins.
- Completed acquisition of Mobility & Materials on Nov 1, funded with new debt.
- Quarterly dividend increased 3% to $0.70/share; free cash flow $325M.
- Q4 2022 adj. EPS guidance $1.50-$2.00, citing continued demand weakness and destocking.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1306830/000130683022000179/0001306830-22-000179-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1306830/000130683022000179/ce-20221103.htm
  HTML page:      https://secwatch.observer/filing/0001306830-22-000179

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer