Eastman Chemical (EMN) Earnings Expected to Grow: Should You Buy?

Core Viewpoint - Eastman Chemical is expected to report a year-over-year increase in earnings and revenues, with the stock price likely influenced by how actual results compare to consensus estimates [1][3]. Earnings Expectations - The upcoming earnings report is anticipated to show earnings of $1.58 per share, reflecting a +20.6$2.26 billion, which is a 2.3% increase from the previous year [3]. - The consensus EPS estimate has been revised 1.74% lower in the last 30 days, indicating a reassessment by analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates a positive Earnings ESP of +0.10% for Eastman Chemical, suggesting a potential earnings beat, although the stock has a Zacks Rank of 4, complicating predictions [10][11]. - Historically, Eastman Chemical has beaten consensus EPS estimates in the last four quarters, with a +6.10% surprise in the most recent quarter [12][13]. Market Reaction Factors - The stock's movement will depend on the actual earnings results compared to expectations, as well as management's commentary on business conditions during the earnings call [2][14]. - An earnings beat does not guarantee a stock price increase, as other factors may influence investor sentiment [14][16].