Celanese Corporation (NYSE: CE) reported second-quarter 2024 earnings from continuing operations of $1.42 per share, which declined from $2 in the prior-year quarter. Adjusted earnings were $2.38 per share, up 9.7% from $2.17 reported a year ago. The bottom line lagged the Zacks Consensus Estimate of $2.80. Revenues of $2,651 million decreased roughly 5.1% year over year. It missed the Zacks Consensus Estimate of $2,725.7 million. The decline in net sales is a result of a decrease in pricing. Celanese Corporation Price, Consensus and EPS Surprise Celanese Corporation price-consensus-eps-surprise-chart | Celanese Corporation Quote Segment Highlights Net sales in the Engineered Materials unit were $1,467 million in the reported quarter, down around 7.4% year over year. It missed our estimate of $1,648.4 million. The segment reported an operating profit of $138 million and an adjusted EBIT of $265 million in ...