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KINGSPORT, Tenn.--(BUSINESS WIRE)--Eastman Chemical Company (NYSE:EMN) hosted investors and analysts at its headquarters in Kingsport, Tenn., for its 2024 Circular Economy Deep Dive.
The investment will enhance EMN's supply capacity for Saflex PVB products in the Automotive Premiums sector.
Big Oil with BHP Billiton came big with a massive dividend. Canadian Imperial, one of the big 6 Canadian banks, sent a massive $210 dividend my way. There are a few less names now in 2024 than 2023, such as MDU Resources and Haleon.
Eastman Chemical Company (NYSE:EMN ) Q3 2024 Earnings Conference Call November 1, 2024 8:00 AM ET Company Participants Greg Riddle - IR Mark Costa - Board Chair and CEO William McLain - EVP and CFO Conference Call Participants David Begleiter - Deutsche Bank Patrick Cunningham - Citigroup Duffy Fischer - Goldman Sachs Frank Mitsch - Fermium Research Vincent Andrews - Morgan Stanley Michael Leithead - Barclays Josh Spector - UBS Jeff Zekauskas - JPMorgan Aleksey Yefremov - KeyCorp Mike Sison - Wells Fargo Kevin McCarthy - Vertical Research Partners John Roberts - Mizuho Laurence Alexander - Jefferies Salvator Tiano - Bank of America Operator Good day, everyone, and welcome to the Third Quarter 2024 Eastman Conference Call. Today's conference is being recorded.
EMN sees higher sales volume in Q3 due to the end of customer inventory de-stocking across most major end markets.
Although the revenue and EPS for Eastman Chemical (EMN) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Eastman Chemical (EMN) came out with quarterly earnings of $2.26 per share, beating the Zacks Consensus Estimate of $2.13 per share. This compares to earnings of $1.47 per share a year ago.
Beyond analysts' top -and-bottom-line estimates for Eastman Chemical (EMN), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended September 2024.
EMN is expected to have benefited from cost-cutting initiatives and its innovation-driven growth strategy amid soft demand in certain markets in Q3.
Eastman Chemical (EMN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.