Eastman(US:EMN) ZACKSยท2025-07-24 15:08Company Overview - Eastman Chemical (EMN) is expected to report a year-over-year decline in earnings, with a projected EPS of $1.73, reflecting a decrease of 19.5% compared to the previous year [3] - Revenues are anticipated to be $2.29 billion, down 3.2% from the same quarter last year [3] Earnings Expectations - The consensus EPS estimate has been revised 0.13% higher in the last 30 days, indicating a slight positive adjustment from analysts [4] - The Most Accurate Estimate for Eastman Chemical is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -0.24%, suggesting a bearish outlook from analysts [12] Historical Performance - In the last reported quarter, Eastman Chemical exceeded the consensus EPS estimate of $1.89 by delivering earnings of $1.91, resulting in a surprise of +1.06% [13] - The company has beaten consensus EPS estimates in each of the last four quarters [14] Market Sentiment - The stock's movement may be influenced by the upcoming earnings report on July 31, with potential for a price increase if results exceed expectations, or a decrease if they fall short [2] - Despite the potential for an earnings beat, the combination of a negative Earnings ESP and a Zacks Rank of 4 indicates challenges in predicting a positive outcome for Eastman Chemical [12][17] Industry Context - Methanex (MEOH), another player in the chemical industry, is also expected to report a decline in earnings, with an EPS estimate of $0.42, down 32.3% year-over-year [18] - Methanex's revenues are projected to be $873.92 million, reflecting a 5% decrease from the previous year [19]