Eastman(EMN) - 2023 Q3 - Earnings Call Presentation

Tailwinds • Normal seasonal declines in coatings and water treatment • Weakness in building and construction, particularly Asia • Significant destocking in the agriculture end market • Timing lag in pricing of cost-pass-through contracts to catch up to higher oil-based raw materials 7 Expect FY 2023 adjusted EBIT ~$425 million EASTMAN$M 3Q23 3Q22 2Q23 Revenue 323 250 323 Adjusted EBIT 109 21 106 Adjusted EBIT margin 33.7% 8.4% 32.8% | --- | --- | --- | --- | --- | |-------------------|-------|------------| ...