Eastman Chemical

Eastman Chemical Co. engages in the provision of specialty chemicals. It operates through the following segments: Additives and Functional Products, Advanced Materials, Chemical Intermediates and Fibers. The Additives and Functional Products segment includes chemicals for products in the transportation, consumables, building and construction, animal nutrition, crop protection, energy, personal and home care, and other markets. The Advanced Materials segment produces and markets its polymers, films, and plastics with differentiated performance properties for value-added end uses in transportation, consumables, building and construction, durable goods, and health and wellness markets. The Chemical Intermediates segment consists of large scale and vertical integration from the cellulose and acetyl, olefins, and alkylamines streams to support operating segments with advantaged cost positions. The Fiber segment offers cellulose acetate tow for use in filtration media, primarily cigarette filters. The company was founded by George Eastman in 1920 and is headquartered in Kingsport, TN.

Earnings data Q1 2021

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Earnings data Q3 2024

Earnings data Q4 2024

Eastman Chemical reports robust Q4 performance, eyes growth opportunities

Eastman Chemical's Q4 2022 earnings call highlighted a strong performance with a focus on cost savings, sustainability, and growth opportunities. Despite challenges in certain markets and pension expenses, the company remains optimistic about its future prospects through strategic investments and portfolio transformation.

Eastman Chemical excels in Q1 with strong performance and growth opportunities

Eastman Chemical's Q1 performance showcased improvements in key business segments, sustainability efforts, and strategic guidance adjustments. The company is focused on driving growth, controlling costs, and maximizing asset utilization to achieve its financial targets.

Eastman Chemical addresses destocking impact, eyes margin growth opportunities

Eastman Chemical navigating destocking challenges in various markets with a focus on recovery as destocking lessens.
Stable performance in Fibers business despite upcoming earnings step-down in the third quarter.
Incremental margins expected to be strong next year, with a focus on capacity expansion and strategic acquisitions.
Market uncertainties persist, particularly in negotiations and the timing of restocking cycles.

Eastman Chemical expects earnings recovery in 2024 amid strategic focus

Eastman Chemical is poised for earnings recovery in 2024 through destocking completion and innovation.
The company's focus on asset utilization and cost management supports a positive outlook for growth.
Challenges like raw material price increases and market dynamics are being addressed strategically.
Opportunities in incentives, capacity expansion, and pricing strategies offer avenues for future growth.

Eastman Chemical reports stable Q4 performance and eyes growth opportunities

Eastman Chemical's Q4 performance reflects stability in certain segments and growth opportunities in Advanced Materials and AFP. The company's focus on cost management, productivity gains, and strategic plant investments positions it for future success.
Despite challenges such as inflation impact and construction delays, Eastman's strong customer relationships, operational capabilities, and product diversification are key strengths. Opportunities in EV market trends, circular economy initiatives, and volume growth offer avenues for expansion.
Navigating cost challenges, addressing destocking impacts, and aligning construction timelines with market demand are critical for Eastman's future projects. Leveraging premium products in automotive and sustainable solutions in a shifting policy landscape can drive long-term growth.

Eastman Chemical tackles challenges, eyes growth through sustainability initiatives

Eastman Chemical navigated through a challenging demand environment in '22 and '23, focusing on cost management and sustainability initiatives. Despite facing headwinds, the company remains optimistic about earnings recovery in '24 and growth prospects in the coming years.

Eastman Chemical reports solid Q2 performance, eyes growth opportunities

Eastman Chemical's Q2 2024 earnings call highlighted progress in the methanolysis plant, challenges with feedstock preparation, and strong performance in Advanced Materials. The company is focused on addressing operational issues, driving growth through recycled content demand, and investing in future capabilities for revenue growth. Analyst inquiries centered on inflation impact, maintenance expenses, and divestiture effects.

Eastman Chemical reports robust Q3 performance, eyes growth opportunities

Eastman Chemical's Q3 earnings call highlighted strong performance, with a focus on growth opportunities and cost-saving initiatives for 2025. The company faces challenges in the methanolysis unit and uncertainties around the election's impact on demand. Leveraging strengths in sustainability and innovation, Eastman Chemical aims to capitalize on opportunities in capital expenditures and product demand.

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Eastman Chemical Co. engages in the provision of specialty chemicals. It operates through the following segments: Advanced Material (AM), Additives and Functional Products (AFP), Chemical Intermediates (CI), and Fibers. The AM segment produces and markets its polymers, films, and plastics with differentiated performance properties for value-added end uses in transportation, consumables, building and construction, durable goods, and health and wellness markets. The AFP segment includes chemicals for products in the transportation, consumables, building and construction, animal nutrition, crop protection, energy, personal and home care, and other markets. The CI segment consists of large scale and vertical integration from the cellulose and acetyl, olefins, and alkylamines streams to support operating segments with advantaged cost positions. The Fibers segment offers cellulose acetate tow for use in filtration media, primarily cigarette filters. The company was founded by George Eastman in 1920 and is headquartered in Kingsport, TN.

Kingsport, Tenn., Dec.  05, 2019  (GLOBE NEWSWIRE) -- The Board of Directors of Eastman Chemical Company (NYSE: EMN) has declared a quarterly cash dividend of $0.66 per share on the company's common stock, a 6.5 percent increase from $0.62 per share. The dividend is payable Jan. 3, 2020, to stockholders of record as of Dec. 16, 2019.

Eastman Board Increases Dividend for Tenth Consecutive Year

Kingsport, Tenn., Nov.  27, 2019  (GLOBE NEWSWIRE) --  Media Advisory Issued November 27, 2019

Curt Espeland to Address the Citi Basic Materials Conference

Eastman Chemical (EMN) is expected to meet demand growth in the market, with additional capacity created through its debottlenecking projects.

Eastman Chemical's Debottleneck Projects to Boost Capacity

Eastman's (EMN) Treva exhibits high performance and lower environmental impact in automotive applications.

Eastman, NB Coatings Tie Up for Sustainable Automotive Plastic

KINGSPORT, Tenn., Nov.  05, 2019  (GLOBE NEWSWIRE) -- Eastman Performance Films, LLC (Eastman) is excited to officially unveil a revolution in automotive film technology: Core by Eastman Performance Films, LLC. Core is a patent-pending, analytics-based software platform that goes beyond cutting software to support business operations, integrating desktop and mobile access for remarkable user freedom.

New Eastman Technology Revolutionizes Business for Automotive Film Dealers

Eastman Chemical Co. (EMN) CEO Mark Costa on Q3 2019 Results - Earnings Call Transcript

Eastman Chemical (EMN) witnesses challenging global business conditions in the third quarter due to trade tensions.

Eastman Chemical (EMN) Lags Q3 Earnings and Revenue Estimates

Eastman Chemical (EMN) delivered earnings and revenue surprises of -2.51% and -1.73%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

Eastman Chemical (EMN) Q3 Earnings and Revenues Miss Estimates

KINGSPORT, Tenn., Oct.  24, 2019  (GLOBE NEWSWIRE) -- Eastman Chemical Company (NYSE: EMN) announced its third-quarter 2019 financial results.

Eastman Announces Third-Quarter 2019 Financial Results

KINGSPORT, Tenn., Oct.  23, 2019  (GLOBE NEWSWIRE) -- Today Eastman (NYSE: EMN) took a significant and definitive step forward to accelerate the circular economy. The company has begun commercial operation of an innovative chemical recycling technology that will help solve one of the world’s most pressing problems – waste plastic.

Revolutionizing recycling at the molecular level: Eastman begins commercial operation of innovative chemical recycling technology

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Eastman Chemical (EMN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Eastman Chemical (EMN) Q3 Earnings Expected to Decline

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Eastman Chemical's (EMN) products under the new portfolio meet requirements for usage in specific food contact applications.

Eastman Chemical Unveils New Portfolio of Cellulose Esters

Eastman Chemical (EMN) offers a feasible eco-conscious choice of materials with Naia.

Eastman Chemical (EMN) to Unveil Sustainable Fabric Collection

Eastman Chemical (EMN) reported earnings 30 days ago. What's next for the stock?

Eastman Chemical (EMN) Down 23.3% Since Last Earnings Report: Can It Rebound?

The case for being bullish on Eastman Chemical Company (NYSE: EMN) can no longer be justified due to contracting volumes and prices across Eastman's business portfolio, according to JPMorgan.

JPMorgan Steps To The Sidelines On Eastman Chemical

Eastman Chemical Company (EMN) CEO Mark Costa on Q2 2019 Results - Earnings Call Transcript

Eastman Chemical (EMN) faced a challenging global business environment in the second quarter due to the trade conflict.

Eastman Chemical (EMN) Misses Q2 Earnings, Revenue Estimates

Eastman Chemical (EMN) delivered earnings and revenue surprises of -4.78% and -6.95%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

Eastman Chemical (EMN) Q2 Earnings and Revenues Lag Estimates

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While Eastman Chemical (EMN) faces demand weakness and currency headwind, it should gain from productivity actions and growth of high margin products in Q2.

What's in Store for Eastman Chemical (EMN) in Q2 Earnings?

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Eastman Chemical's (EMN) buyout is expected to support the consistent growth of Naia cellulosic yarn for the apparel market.

News for Eastman Chemical Stock (EMN)