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 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.--(BUSINESS WIRE)--Eastman Chemical Company (NYSE:EMN) announced its second-quarter 2022 financial results.

Eastman Announces Second-Quarter 2022 Financial Results

Eastman Chemical (EMN) is likely to have gained from productivity actions and innovation amid headwinds from higher input and energy costs in Q2.

Eastman Chemical (EMN) to Post Q2 Earnings: Factors at Play

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

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

I like investing in Chemical businesses - and I have a few favorites that I tend to look at and stick to overall. BASF is one. However, an NA-based one is Eastman Chemical Company, a business I've been writing on since COVID-19 drove it down to single digit P/E.

Oh, Look - Eastman Chemical Is At Fair Value!

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Specialty chemicals is not an industry that jumps off the page to many investors, as it generally acts as an adjunct to other more dynamic industries.

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--(BUSINESS WIRE)--Eastman CFO Willie McLain will address the Deutsche Bank Global Materials Conference on June 9, 2022, at 9:00 a.m. ET.

Eastman CFO Willie McLain to address the Deutsche Bank Global Materials Conference

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Eastman Chemical (EMN) is a Top-Ranked Momentum Stock: Should You Buy?

Let's see if Eastman Chemical (EMN) stock is a good choice for value-oriented investors right now from multiple angles.

Should Value Investors Pick Eastman Chemical (EMN) Stock?

Eastman Chemical (EMN) will complete a buyback of roughly $750 million in the second quarter with the implementation of the ASR.

Eastman (EMN) Declares Share Buyback Worth $500 Million

Shares of Eastman Chemical Co. EMN, -2.20% rose 0.9% in premarket trading Friday, after the specialty materials company announced a $500 million accelerated share repurchase (ASR) program. Based on the stock's Thursday's closing price of $105.67, the ASR represents about 3.7% of Eastman's market capitalization of $13.62 billion.

Eastman Chemical stock gains after $500 million ASR announced

KINGSPORT, Tenn.--(BUSINESS WIRE)--Eastman has entered into an accelerated share repurchase agreement with Wells Fargo, NA and Mizuho Markets Americas LLC.

Eastman Announces $500 Million Accelerated Share Repurchase

KINGSPORT, Tenn.--(BUSINESS WIRE)--Eastman Chemical Company (NYSE:EMN) announced its 2022 Annual Meeting stockholder vote results.

Eastman Announces 2022 Annual Meeting Stockholder Vote Results

Eastman Chemical Company (NYSE:EMN ) Q1 2022 Earnings Conference Call April 29, 2022 8:00 AM ET Company Participants Greg Riddle - Investor Relations Mark Costa - Board Chair and Chief Executive Officer Willie McLain - Senior Vice President and Chief Financial Officer Jake LaRoe - Manager, Investor Relations Conference Call Participants Vincent Andrews - Morgan Stanley Kevin McCarthy - Vertical Research Partners Josh Spector - UBS Mike Leithead - Barclays Aleksey Yefremov - KeyBanc David Begleiter - Deutsche Bank P.J. Juvekar - Citi Matthew DeYoe - Bank of America Jeff Zekauskas - JPMorgan Mike Sison - Wells Fargo Arun Viswanathan - RBC Capital Markets Jaideep Pandya - On-Field Research Operator Good day, everyone and welcome to the First Quarter 2022 Eastman Chemical Conference Call.

Eastman Chemical Company (EMN) CEO Mark Costa on Q1 2022 Results - Earnings Call Transcript

Eastman Chemical (EMN) gains on innovation-driven growth model, strong end-market demand and pricing actions amid headwinds from higher raw material costs.

Eastman Chemical (EMN) Q1 Earnings Lag, Sales Beat Estimates

Eastman Chemical (EMN) delivered earnings and revenue surprises of -0.48% and 10.45%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Eastman Chemical (EMN) Q1 Earnings Miss Estimates

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

Eastman Announces First-Quarter 2022 Financial Results

Eastman Chemical (EMN) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why Earnings Season Could Be Great for Eastman Chemical (EMN)

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Chemical companies' Q1 results are likely to have been driven by higher demand and the benefits of strategic actions amid headwinds from input cost inflation. Let's see how EMN, CE, HUN and OLN are poised ahead of their earnings releases.

Chemical Stock Q1 Earnings Slated on Apr 28: EMN, CE, HUN & OLN

Eastman Chemical's (EMN) Q1 earnings are likely to have benefited from cost-management actions and revenues from innovation.

Eastman Chemical (EMN) to Post Q1 Earnings: Factors at Play

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Are You Looking for a High-Growth Dividend Stock? Eastman Chemical (EMN) Could Be a Great Choice

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

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

I think Eastman Chemicals has had an excellent 2021, and the dividend is very well covered. I expect further dividend increases.

Adding To My Eastman Chemicals Position

KINGSPORT, Tenn.--(BUSINESS WIRE)--Eastman (NYSE:EMN) and certain of its subsidiaries have completed the previously reported sale of its adhesives resins business to Synthomer plc.

Eastman Completes Sale of Adhesives Resins Business

Eastman Chemical's (EMN) negotiation with Port-Jerome-sur-Seine authorities is a significant step toward an important milestone in the company's plan to invest up to $1 billion.

Eastman (EMN) Enters Negotiation for Molecular Recycling Site

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