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

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

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.

Chemical stocks had their day in the sun, are earnings saying the best is over?

Bear of the Day: Eastman Chemical (EMN)

Eastman Chemical Company (NYSE:EMN ) Q4 2022 Earnings Conference Call January 26, 2023 8:00 AM ET Company Participants Greg Riddle - Investor Relations Mark Costa - Board Chair & Chief Executive Officer Willie McLain - Senior Vice President & Chief Financial Officer Jake LaRoe - Manager, Investor Relations Conference Call Participants Joshua Spector - UBS David Begleiter - Deutsche Bank Aleksey Yefremov - KeyBanc Capital Markets Michael Leithead - Barclays Vincent Andrews - Morgan Stanley Jeff Zekauskas - JPMorgan Frank Mitsch - Fermium Research Kevin McCarthy - Vertical Research Partners Matthew DeYoe - Bank of America Merrill Lynch Michael Sison - Wells Fargo John Roberts - Credit Suisse Laurence Alexander - Jefferies P.J. Juvekar - Citigroup Operator Good day, everyone, and welcome to the Fourth Quarter and Full Year 2022 Eastman Chemical Conference Call.

Eastman Chemical Company (EMN) Q4 2022 Earnings Call Transcript

Eastman Chemical's (EMN) Q4 performance reflects headwinds from weak demand in key end markets, consumer de-stocking and input cost inflation, along with impacts from adverse currency movements.

Eastman Chemical's (EMN) Q4 Earnings Lag Estimates, Sales Beat

Eastman Chemical (EMN) delivered earnings and revenue surprises of -29.37% and 3.40%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Eastman Chemical (EMN) Misses Q4 Earnings Estimates

KINGSPORT, Tenn.--( BUSINESS WIRE )--Eastman Chemical Company (NYSE:EMN) announced its fourth-quarter and full-year 2022 financial results.

Eastman Announces Fourth-Quarter and Full-Year 2022 Financial Results

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Chemical companies' Q4 results are likely to have been driven by stable end-market demand and the benefits of strategic actions amid headwinds from input and energy cost inflation. Let's see how DOW, EMN and OLN are poised ahead of their earnings releases.

Chemical Stock Q4 Earnings Slated on Jan 26: DOW, EMN & OLN

Eastman Chemical's (EMN) earnings are expected to have gained from sustained innovation & recovery in key end markets amid headwinds from adverse currency movements & consumer de-stocking in Q4.

Eastman Chemical (EMN) to Report Q4 Earnings: What's in Store?

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) Q4 Earnings Expected to Decline

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--( BUSINESS WIRE )--Eastman Chemical Company (NYSE:EMN):

Eastman Schedules Fourth-Quarter and Full-Year 2022 Financial Results News Release and SEC Form 8-K Filing, Teleconference and Webcast, and Release of Additional Information

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Dividend Champion, Contender, And Challenger Highlights: Week Of January 1

Price increases drive revenue growth. Volume declines have been muted.

Eastman Chemical: A Great Long-Term Dividend Stock At The Right Price

KINGSPORT, Tenn.--( BUSINESS WIRE )--The Board of Directors of Eastman Chemical Company (NYSE: EMN) has declared a quarterly cash dividend of $0.79 per share on the company's common stock, a 4 percent increase from $0.76 per share. The dividend is payable Jan. 6, 2023, to stockholders of record as of Dec. 15, 2022.

Eastman Increases Dividend for 13th Consecutive Year

Eastman Chemical Company (NYSE:EMN ) Q3 2022 Earnings Conference Call October 28, 2022 8:00 AM ET Company Participants Greg Riddle - Investor Relations Mark Costa - Board Chair & Chief Executive Officer Willie McLain - Senior Vice President & Chief Financial Officer Jake LaRoe - Manager, Investor Relations Conference Call Participants Vincent Andrews - Morgan Stanley David Begleiter - Deutsche Bank Jeff Zekauskas - JPMorgan Chase Duffy Fischer - Goldman Sachs Frank Mitsch - Fermium Research Matthew DeYoe - Bank of America Aleksey Yefremov - KeyBanc Capital Markets P.J. Juvekar - Citi Laurence Alexander - Jefferies Kevin McCarthy - VRP John Roberts - Credit Suisse Operator Good day, everyone and welcome to the Third Quarter 2022 Eastman Chemical Conference Call.

Eastman Chemical Company (EMN) Q3 2022 Earnings Call Transcript

Eastman Chemical (EMN) benefits from actions to improve mix with innovative products and implement price hikes to counter cost inflation in Q3.

Eastman Chemical's (EMN) Q3 Earnings & Sales Top Estimates

Eastman Chemical (EMN) delivered earnings and revenue surprises of 2.50% and 5.52%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Eastman Chemical (EMN) Beats Q3 Earnings and Revenue Estimates

Eastman Announces Third-Quarter 2022 Financial Results

Eastman Chemical (EMN) is likely to have gained from pricing and cost actions amid headwinds from higher raw material, energy and distribution costs in Q3.

Eastman Chemical (EMN) to Post Q3 Earnings: Factors at Play

Eastman developed technologies to recycle plastics that are typically incinerated or disposed in a landfill. Companies across industries are signing supply agreements with Eastman to fulfill their ESG commitments.

Eastman Chemical Company: An Underappreciated ESG Investment

Investors need to pay close attention to Eastman Chemical (EMN) stock based on the movements in the options market lately.

Is the Options Market Predicting a Spike in Eastman Chemical (EMN) Stock?

Eastman stock has been a poor performer as investors fear a global downturn will weigh on results. Already, we are seeing signs that weaker demand from Europe and China is reducing margins and volumes, and headwinds from the chip sector could add to these issues.

While Beaten Down, Eastman Shares Still Have Downside

While Eastman Chemical (EMN) faces headwinds from higher input and logistics costs, it benefits from productivity actions, strong demand and innovation.

Here's Why You Should Hold Eastman Chemical (EMN) for Now

--(BUSINESS WIRE)--Eastman has scheduled its third-quarter 2022 financial results news release and SEC Form 8-K filing, teleconference and webcast.

Eastman Schedules Third-Quarter 2022 Financial Results News Release and SEC Form 8-K Filing, Teleconference and Webcast, and Release of Additional Information

News for Eastman Chemical Stock (EMN)