RTTNews | Apr 22, 2021 04:34PM EDT

16:34 Thursday, April 22, 2021 (RTTNews.com) - Celanese Corp. (CE) revealed earnings for its first quarter that advanced from last year.

The company's earnings totaled $322 million, or $2.82 per share. This compares with $218 million, or $1.82 per share, in last year's first quarter.

Excluding items, Celanese Corp. reported adjusted earnings of $394 million or $3.46 per share for the period.

Analysts had expected the company to earn $2.96 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 23.3% to $1.80 billion from $1.46 billion last year.

Celanese Corp. earnings at a glance:

-Earnings (Q1): $394 Mln. vs. $275 Mln. last year.-EPS (Q1): $3.46 vs. $2.29 last year.-Analysts Estimate: $2.96-Revenue (Q1): $1.80 Bln vs. $1.46 Bln last year.

-Guidance:Next quarter EPS guidance: $4.00Full year EPS guidance: $12.50 to $13.50

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