Eastman Chemical Co reports results for the quarter ended June 30 - Earnings Summary

Eastman Chemical Co

31/07/2025 22:54

Eastman Chemical Co EMN.N reported quarterly adjusted earnings of $1.60​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $2.15.  The mean expectation of sixteen analysts for the quarter was for earnings of $1.73 per share. Wall Street expected results to range from $1.68  to $1.85 per share.

Revenue fell 3.2% to $2.29 billion from a year ago; analysts expected $2.30 billion.

Eastman Chemical Co's reported EPS for the quarter was $1.20​.

The company reported quarterly net income of $140 million.

Eastman Chemical Co shares had fallen by 1.6% this quarter and lost 19.6% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 3.7% in the last three months.​

In the last 30 days, seven analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy," 7 "hold" and no "sell" or "strong sell." The average consensus recommendation for the specialty chemicals peer group is also "buy"

Wall Street's median 12-month price target for Eastman Chemical Co is $92.00, about 21.1% above its last closing price of $72.61

This summary was machine generated from LSEG data July 31 at 09:54 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Jun. 30 2025
1.73
1.60
Missed
Mar. 31 2025
1.89
1.91
Beat
Dec. 31 2024
1.57
1.87
Beat
Sep. 30 2024
2.14
2.26
Beat