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Eastman's (EMN) Q1 Earnings and Sales Surpass Estimates
EMNEastman(EMN) Zacks Investment Research·2024-04-26 11:51

Eastman Chemical Company (EMN) reported first-quarter 2024 earnings of 1.39pershare,reflectingariseof24.11.39 per share, reflecting a rise of 24.1% from the year-ago quarter's figure of 1.12.EMN posted adjusted earnings of 1.61pershare,down1.21.61 per share, down 1.2% from the year-ago quarter figure of 1.63. It surpassed the Zacks Consensus Estimate of 1.41.Thecompanysrevenuesinthefirstquarterwere1.41.The company’s revenues in the first quarter were 2,310 million, which beat the Zacks Consensus Estimate of 2,259.2million.Salesdecreasedaround4.22,259.2 million. Sales decreased around 4.2% from 2,412 million reported in the prior-year ...