Core Insights - Eastman Chemical Company (EMN) reported first-quarter 2025 earnings of $1.57 per share, a 12.9% increase from $1.39 in the same quarter last year, with adjusted earnings of $1.91 per share, up 18.6% from $1.61, surpassing the Zacks Consensus Estimate of $1.89 [1][2] Financial Performance - Revenues for the first quarter were $2,290 million, missing the Zacks Consensus Estimate of $2,308.6 million, and reflecting a 1% decrease from $2,310 million in the prior-year quarter [2] - Cash used in operating activities totaled $167 million, and dividends paid to stockholders were $96 million [7] Segment Performance - **Advanced Materials**: Revenues fell 3.9% year over year to $719 million, missing the estimate of $763.7 million due to reduced selling prices and unfavorable sales volume mix [3] - **Additives & Functional Products**: Revenues increased 4.1% year over year to $733 million, exceeding the estimate of $703.3 million, driven by higher selling prices and improved sales volume mix [4] - **Chemical Intermediates**: Net sales rose 4.2% year over year to $545 million, beating the estimate of $533.5 million, attributed to increased selling prices and a stronger sales volume mix [5] - **Fibers**: Net sales declined 12.9% year over year to $288 million, missing the estimate of $325 million, primarily due to a less favorable sales volume mix and reduced selling prices [6] Guidance and Outlook - The company raised its cost reduction goal to approximately $75 million and lowered capital expenditures to about $550 million, indicating a strong position to manage challenges from increasing tariffs [8] - EMN anticipates generating around $1.2 billion in operating cash flow for full-year 2025, with adjusted EPS guidance for the second quarter projected between $1.70 and $1.90 [9][11] Market Performance - EMN's shares have decreased by 15.9% over the past year, compared to a 25.7% decline in its industry [12]

Core Insights - Eastman Chemical (EMN) reported revenue of $2.29 billion for Q1 2025, a year-over-year decline of 0.9% and a surprise of -0.81% compared to the Zacks Consensus Estimate of $2.31 billion [1] - The company's EPS for the same period was $1.91, up from $1.61 a year ago, exceeding the consensus estimate of $1.89 by +1.06% [1] Revenue Performance - Net Sales in Chemical Intermediates reached $545 million, exceeding the average estimate of $526.41 million, with a year-over-year increase of +4.2% [4] - Net Sales in Fibers were $288 million, below the average estimate of $323.18 million, reflecting a year-over-year decline of -13% [4] - Net Sales in Advanced Materials totaled $719 million, compared to the average estimate of $764.65 million, marking a year-over-year decrease of -3.9% [4] - Net Sales in Additives & Functional Products were $733 million, surpassing the average estimate of $706.46 million, with a year-over-year increase of +4.1% [4] - Net Sales in Other products amounted to $5 million, slightly above the average estimate of $4.50 million, representing a year-over-year increase of +25% [4] Adjusted EBIT Performance - Adjusted EBIT for Additives & Functional Products was $141 million, exceeding the average estimate of $127.78 million [4] - Adjusted EBIT for Advanced Materials reached $116 million, slightly above the average estimate of $114.17 million [4] - Adjusted EBIT for Chemical Intermediates was $19 million, below the average estimate of $22.78 million [4] - Adjusted EBIT for Other products was -$53 million, in line with the average estimate of -$53.70 million [4] - Adjusted EBIT for Fibers was $88 million, below the average estimate of $98.13 million [4] Stock Performance - Eastman Chemical's shares have returned -12% over the past month, compared to a -5.1% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]

Group 1: Earnings Performance - Eastman Chemical reported quarterly earnings of $1.91 per share, exceeding the Zacks Consensus Estimate of $1.89 per share, and up from $1.61 per share a year ago, representing an earnings surprise of 1.06% [1] - The company posted revenues of $2.29 billion for the quarter, missing the Zacks Consensus Estimate by 0.81%, and down from $2.31 billion year-over-year [2] - Over the last four quarters, Eastman Chemical has surpassed consensus EPS estimates four times but has topped consensus revenue estimates only once [2] Group 2: Stock Performance and Outlook - Eastman Chemical shares have declined approximately 13.7% since the beginning of the year, compared to a decline of 8.6% for the S&P 500 [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to those expectations [4] - The current consensus EPS estimate for the next quarter is $2.19 on revenues of $2.38 billion, and for the current fiscal year, it is $8.36 on revenues of $9.53 billion [7] Group 3: Industry Context - The Zacks Industry Rank indicates that the Chemical - Diversified sector is currently in the bottom 10% of over 250 Zacks industries, which may negatively impact stock performance [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, suggesting that investors should monitor these revisions closely [5]

Exhibit 99.01 Eastman Announces First-Quarter 2025 Financial Results KINGSPORT, Tenn., April 24, 2025 – Eastman Chemical Company (NYSE:EMN) announced its first- quarter 2025 financial results. | (In | millions, | except | per | share | amounts; unaudited) 1Q2025 1Q2024 | | --- | --- | --- | --- | --- | --- | | Sales | revenue | | | | $2,290 $2,310 | | Earnings | before | | interest | and | taxes ("EBIT") 302 263 | | Adjusted | EBIT* | | | | 311 274 | | Earnings | per | diluted | | share | 1.57 1.39 | | Adju ...

Core Viewpoint - Eastman Chemical Company (EMN) is expected to report first-quarter 2025 results on April 24, with a history of surpassing earnings estimates in the past four quarters, averaging an earnings surprise of approximately 11.7% [1][2] Revenue Estimates - The Zacks Consensus Estimate for EMN's revenues in the upcoming quarter is $2,320.1 million, reflecting a year-over-year increase of 0.4% [4] - Revenue estimates for EMN's divisions include: - Additives and Functional Products: $703.3 million, a decline of 0.1% year-over-year [4] - Advanced Materials: $763.7 million, an increase of 2.1% [4] - Chemical Intermediates: $533.5 million, a rise of 2% [5] - Fiber segment: $325 million, a decrease of 1.8% [5] Factors Influencing Performance - EMN's innovation-focused growth strategy and cost-reduction efforts are expected to support performance despite weak demand in certain markets [2][6] - The company anticipates increased volumes in specialty businesses, driven by innovation, particularly in sectors like consumer durables, building & construction, and transportation [6] - The Kingsport methanolysis facility is projected to contribute an additional $75–$100 million in EBITDA in 2025 compared to the previous year [7] - The Advanced Materials division is expected to add $50–$75 million in incremental EBITDA [9] - Cost management strategies are anticipated to lower operational expenses and improve profitability, contributing $50 million of earnings growth in 2025 [10] Market Challenges - EMN is facing headwinds from subdued demand in specific markets, particularly in the building & construction sector and cautious purchasing in consumer durables and electronics [11] - The automotive sector is also under pressure due to a decline in global vehicle production, impacting revenue performance [12] Earnings Prediction Model - The current model does not predict an earnings beat for EMN, with an Earnings ESP of -1.01% and a Zacks Rank of 4 (Sell) [13][14]

Eastman Chemical Company’s (EMN) Eastman Turbo Oil 2330 (ETO 2330) has been added to the relevant Qualified Products List after receiving MIL-PRF-7808 Grade 3 specification approval from the U.S. Air Force. This confirmed that the product meets military-grade performance and safety standards for aircraft turbo oils.The new ETO 2330 has been designed for applications requiring reliable performance under demanding conditions, delivering superior lubrication and thermal stability. ETO 2330 also exhibits best-i ...

Eastman Chemical (EMN) shares rallied 12.1% in the last trading session to close at $81.48. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 23.1% loss over the past four weeks.EMN's rally follows a spike in material stocks after President Trump declared a 90-day pause of reciprocal tariffs for most nations.This specialty chemicals maker is expected to post quarterly earnings of $1.89 per share in its upcoming ...

Core Viewpoint - Euro Manganese's Chvaletice Project has been designated as a Strategic Project under the EU's Critical Raw Materials Act, enhancing its significance in the European raw materials supply chain [1][4]. Strategic Project Designation - Strategic Projects under the EU CRMA gain access to guidance and potential funding from various sources, including the European Investment Bank and the European Bank for Reconstruction and Development, as well as private financial institutions [3][8]. - The designation ensures that permitting processes adhere to deadlines set in the CRMA, thereby reducing scheduling risks associated with permitting [3][8]. Importance of the CRMA - The CRMA, effective from May 2024, identifies over 30 raw materials, categorizing high-purity manganese (battery grade) as a strategic raw material and manganese as a critical raw material [4]. - The designation aims to enhance the security of the EU's supply of strategic raw materials and to diversify supplies from third countries [4]. Recent Approvals and Milestones - In March 2024, the Czech Ministry of Environment approved the Environmental and Social Impact Assessment for the Chvaletice Project [5]. - The Determination of Mining Lease permit was secured in January 2025, marking a significant step towards full permitting [5]. - The Czech government declared the Chvaletice Manganese Deposit as strategic in March 2025 [5]. Company Objectives - Euro Manganese aims to play a crucial role in establishing a sustainable and climate-friendly battery value chain in Europe, leveraging its Strategic Project status to facilitate access to government-backed funding and collaboration with EU institutions [6][9]. - The Chvaletice Project represents a unique waste-to-value recycling opportunity, involving the reprocessing of old tailings from a decommissioned mine, positioning the company as a key supplier of critical raw materials for battery supply chains [10].

Vancouver, British Columbia and Sydney, Australia--(Newsfile Corp. - March 30, 2025) - Euro Manganese Inc. (TSXV: EMN) (ASX: EMN) (OTCQB: EUMNF) (FSE: E06) (the "Company" or "EMN") announces that, as previously announced on March 6, 2025 and as approved by its board of directors, the Company will consolidate its issued and outstanding common shares ("Common Shares") at a ratio of five (5) pre- consolidation Common Shares to one (1) post-consolidation Common Share ("Consolidation"). The Consolidation will be ...

Core Viewpoint - Euro Manganese Inc. has announced that its Chvaletice Manganese Project has been designated a Strategic Project under the EU's Critical Raw Materials Act, enhancing its role in the European raw materials value chain and facilitating access to funding and expedited permitting processes [1][3][6]. Strategic Project Designation - The designation allows access to guidance and potential funding from various sources, including the European Investment Bank and the European Bank for Reconstruction and Development [3][9]. - Strategic Project status ensures that permitting processes adhere to deadlines set in the CRMA, reducing scheduling risks associated with permitting [3][9]. Importance of the CRMA - The CRMA, effective since May 2024, identifies high-purity manganese as a strategic raw material and manganese as a critical raw material, aiming to enhance the EU's supply security and diversify sources [4][9]. - The Chvaletice Project is positioned to significantly contribute to the EU's strategic and critical raw material supply independence [9]. Recent Approvals and Developments - In March 2024, the Czech Ministry of Environment approved the Environmental and Social Impact Assessment for the Chvaletice Project [5]. - The Company secured the Determination of Mining Lease permit in January 2025, marking a significant step towards full permitting [5]. - The Czech government declared the Chvaletice Manganese Deposit as strategic in March 2025 [5]. Company Vision and Goals - The Interim CEO of Euro Manganese emphasized the commitment to becoming the sole integrated European producer of high-purity manganese, essential for the transition to a greener economy [6]. - The Company aims to establish a sustainable and climate-friendly battery value chain in Europe [6][8]. Project Overview - The Chvaletice Project involves a unique waste-to-value recycling initiative, reprocessing old tailings from a decommissioned mine, and is the only sizable manganese resource in the EU [8]. - This positions the Company to support battery supply chains with critical raw materials, contributing to a circular, low-carbon economy [8].