3Q 2024 financial results October 31, 2024 Prepared remarks These slides should be reviewed with the accompanying prepared remarks posted on our website. Forward-looking statements The information in this presentation and other statements by the company may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act with respect to, among other items: projections and estimates of earnings, revenues, volumes, pricing, margins, cost reductions, expenses, taxes, liquid ...

Eastman Chemical (EMN) reported $2.46 billion in revenue for the quarter ended September 2024, representing a year-over-year increase of 8.7%. EPS of $2.26 for the same period compares to $1.47 a year ago.The reported revenue represents a surprise of +2.92% over the Zacks Consensus Estimate of $2.39 billion. With the consensus EPS estimate being $2.13, the EPS surprise was +6.10%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall ...

Eastman Chemical (EMN) came out with quarterly earnings of $2.26 per share, beating the Zacks Consensus Estimate of $2.13 per share. This compares to earnings of $1.47 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 6.10%. A quarter ago, it was expected that this specialty chemicals maker would post earnings of $1.99 per share when it actually produced earnings of $2.15, delivering a surprise of 8.04%.Over the last four quarte ...

EASTMAN Exhibit 99.01 Eastman Announces Third Quarter 2024 Financial Results KINGSPORT, Tenn., October 31, 2024 – Eastman Chemical Company (NYSE:EMN) announced its third quarter 2024 financial results. • Strong year-over-year sales volume/mix growth with improvement in all operating segments • Adjusted EBIT margin increased 360 basis points compared to last year through volume/mix growth, operating leverage, and commercial excellence • Continued to make good progress on Kingsport methanolysis operations and ...

Wall Street analysts expect Eastman Chemical (EMN) to post quarterly earnings of $2.12 per share in its upcoming report, which indicates a year-over-year increase of 44.2%. Revenues are expected to be $2.39 billion, up 5.6% from the year-ago quarter. Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 0.5% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period. Prior to a company's earni ...

Eastman Chemical Company (EMN) is scheduled to release third-quarter 2024 results after the closing bell on Oct. 31.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The company surpassed Zacks Consensus Estimate for earnings in each of the last four quarters. It delivered a trailing four-quarter earnings surprise of around 6.5% on average. EMN pulled off an earnings surprise of 8% in the last reported quarter.Eastman is expected to have benefited from cost-cutting and productivity in ...

Eastman Chemical (EMN) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on October 31, 2024, might help the stock move higher if these key numbers are bette ...

Eastman Chemical Company (EMN) is benefiting from cost-cutting and productivity actions as well as its innovation-driven growth model amid challenges from soft demand in certain markets. Eastman Chemical, which is among the prominent players in the chemical space along with Dow Inc. (DOW) , Celanese Corporation (CE) and Air Products and Chemicals, Inc. (APD) , is expected to benefit from lower operating costs from its operational transformation program in 2024. EMN is taking action to keep its manufacturing ...

Eastman Chemical Company's (EMN) shares have gained 13.5% over the past three months. The company has outperformed its industry's rise of 5% over the same time frame. It has also topped the S&P 500's around 5% growth over the same period. Let's take a look into the factors behind EMN stock's price appreciation. Image Source: Zacks Investment Research EMN Stock Gains on Cost Actions & Innovation Eastman is benefiting from its innovation-driven growth model and actions to manage costs. It is expected to gain ...

Eastman Chemical Company (EMN) is benefiting from cost-cutting and productivity actions as well as its innovation-driven growth model amid challenges from soft demand in certain markets. Shares of EMN are up 22.1% over the past year compared with a 7.4% decline of its industry. Image Source: Zacks Investment Research Let's find out why this Zacks Rank #3 (Hold) stock is worth retaining at the moment. Eastman Chemical Gains on Cost Actions & Innovation Eastman is gaining from its actions to manage costs. It ...