Eastman Chemical (EMN) Lags Q2 Earnings and Revenue Estimates

Eastman Chemical (EMN) came out with quarterly earnings of $1.6 per share, missing the Zacks Consensus Estimate of $1.72 per share. This compares to earnings of $2.15 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -6.98%. A quarter ago, it was expected that this specialty chemicals maker would post earnings of $1.89 per share when it actually produced earnings of $1.91, delivering a surprise of +1.06%.Over the last four quart ...