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

Earnings data Q2 2021

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Earnings data Q1 2024

Earnings data Q2 2024

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.

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The top line of Eastman's (EMN) is hurt by lower sales volumes and selling prices in Q4.

Eastman's (EMN) Earnings and Sales Surpass Estimates in Q4

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The headline numbers for Eastman Chemical (EMN) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Eastman Chemical (EMN) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

Eastman Chemical (EMN) came out with quarterly earnings of $1.31 per share, beating the Zacks Consensus Estimate of $1.28 per share. This compares to earnings of $0.89 per share a year ago.

Eastman Chemical (EMN) Q4 Earnings and Revenues Top Estimates

KINGSPORT, Tenn.--(BUSINESS WIRE)--Eastman Chemical Company (NYSE:EMN) announced its fourth-quarter and full-year 2023 financial results.

Eastman Announces Fourth-Quarter and Full-Year 2023 Financial Results

SEG selects Eastman (EMN)Tritan Renew because it is a one-of-a-kind material that combines remarkable, environmentally friendly properties without imposing manufacturing limits.

Eastman (EMN) and Swiss Eyewear to Launch INVU Collection

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Eastman Chemical (EMN), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2023.

Unlocking Q4 Potential of Eastman Chemical (EMN): Exploring Wall Street Estimates for Key Metrics

Eastman (EMN) is expected to have benefited from cost-cutting and productivity initiatives as well as its innovation initiatives amid demand headwinds in Q4.

Eastman Chemical (EMN) to Post Q4 Earnings: Factors at Play

Eastman Chemical (EMN) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why Eastman Chemical (EMN) is Poised to Beat Earnings Estimates Again

Eastman Chemical (EMN) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Eastman Chemical (EMN) Reports Next Week: Wall Street Expects Earnings Growth

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Should Value Investors Buy Eastman Chemical (EMN) Stock?

--(BUSINESS WIRE)--Eastman has scheduled its fourth-quarter and full-year 2023 financial results news release and SEC Form 8-K filing, teleconference and webcast.

Eastman Schedules Fourth-Quarter and Full-Year 2023 Financial Results News Release and SEC Form 8-K Filing, Teleconference and Webcast, and Release of Additional Information

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Eastman Chemical (EMN) benefits from cost-management actions, operational execution and innovation.

Here's Why You Should Buy Eastman Chemical (EMN) Stock Right Now

The GRS certification received by Eastman (EMN) is owned by Textile Exchange, a global non-profit dedicated to long-term transformation in the fashion and textile industries.

Eastman's (EMN) Naia Gets Global Recycled Standard Certification

Eastman Chemical (EMN) benefits from cost-management actions and innovation and maintains a disciplined approach to capital allocation.

Eastman Chemical (EMN) Shares Up 13% in 3 Months: Here's Why

KINGSPORT, Tenn.--(BUSINESS WIRE)--Eastman (NYSE: EMN) has received a score of 100 on the Human Rights Campaign Foundation's 2023-2024 Corporate Equality Index.

Eastman Earns Top Score in Human Rights Campaign Foundation's 2023-2024 Corporate Equality Index

Eastman's (EMN) latest dividend hike reflects the board's confidence in its ability to deliver solid earnings and maintain its track record of strong cash flow generation.

Eastman Chemical (EMN) Raises Dividend for 14th Straight Year

The proceeds of the divestiture are expected to be used for debt repayment of Eastman (EMN) in the near future.

Eastman Chemical (EMN) Wraps Up Sale of Texas City Operations

KINGSPORT, Tenn.--(BUSINESS WIRE)--Eastman Chemical Company (NYSE:EMN) announced that it has completed the previously reported sale of its Texas City Operations to INEOS Acetyls.

Eastman Completes Sale of Texas City Operations

--(BUSINESS WIRE)--Eastman Board Chair and CEO Mark Costa will address the Citi Basic Materials Conference on November 28, 2023, at 11:00 a.m. ET.

Eastman CEO Mark Costa to address Citi Basic Materials Conference

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Eastman (EMN) Announces Strategic Alliance With Ostium Group

Eastman Chemical Company (NYSE:EMN ) Q3 2023 Earnings Call Transcript October 27, 2023 8:00 AM ET Company Participants Greg Riddle - IR Mark Costa - CEO William McLain - CFO Conference Call Participants David Begleiter - Deutsche Bank Frank Mitsch - Fermium Research Vincent Andrews - Morgan Stanley Patrick Cunningham - Citigroup Jeff Zekauskas - JPMorgan Salvator Tiano - Bank of America Michael Leithead - Barclays James Cannon - UBS Kevin McCarthy - Vertical Research Partners Aleksey Yefremov - KeyBanc Capital Markets Duffy Fischer - Goldman Sachs Operator Good day, everyone, and welcome to the Third Quarter 2023 Eastman Conference Call. Today's conference is being recorded.

Eastman Chemical Company (EMN) Q3 2023 Earnings Call Transcript

Revenues of Eastman Chemical (EMN) decline in Q3 primarily due to lower sales volume and reduced selling prices.

News for Eastman Chemical Stock (EMN)