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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.
While EMN faces headwinds from weak demand and inventory de-stocking in certain markets, it benefits from cost management, pricing actions and innovation.
--(BUSINESS WIRE)--Eastman has scheduled its third-quarter 2024 financial results news release and SEC Form 8-K filing, teleconference and webcast.
EMN benefits from its innovation-driven growth model and cost-cutting, productivity and price hike actions across its segments.
While EMN faces headwinds from weak demand and inventory de-stocking in certain markets, it benefits from cost management, pricing actions and innovation.
Better-than-expected earnings performance in the second quarter and upbeat prospects have contributed to the run-up in Eastman's (EMN) shares.
Eastman Chemical (EMN) benefits from cost-management actions, acquisitions and innovation amid challenges from weak demand in certain markets.