Eastman Chemical (EMN) Earnings Date, Estimates & Call Transcripts

$95.52
-0.61 (-0.63%)
(As of 04/26/2024 ET)

Earnings Summary

Upcoming
Earnings Date
Jul. 25Estimated
Actual EPS
(Apr. 25)
$1.61 Beat By $0.20
Consensus EPS
(Apr. 25)
$1.41
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EMN Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

EMN Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Eastman Chemical Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20242$1.49$1.83$1.66 
Q2 20242$2.04$2.20$2.12 
Q3 20242$2.20$2.37$2.29 
Q4 20242$2.43$2.44$2.44 
FY 20248$8.16$8.84$8.50 
Q1 20251$2.03$2.03$2.03 
Q2 20251$2.68$2.68$2.68 
Q3 20251$2.33$2.33$2.33 

EMN Earnings Date and Information

Eastman Chemical last issued its earnings results on April 25th, 2024. The basic materials company reported $1.61 earnings per share for the quarter, topping analysts' consensus estimates of $1.41 by $0.20. The business had revenue of $2.31 billion for the quarter, compared to analyst estimates of $2.29 billion. Its quarterly revenue was down 4.2% on a year-over-year basis. Eastman Chemical has generated $7.49 earnings per share over the last year ($7.49 diluted earnings per share) and currently has a price-to-earnings ratio of 12.8. Earnings for Eastman Chemical are expected to grow by 18.94% in the coming year, from $7.71 to $9.17 per share. Eastman Chemical has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, July 25th, 2024 based off prior year's report dates.

Eastman Chemical Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
7/25/2024
Estimated)
------- 
4/25/2024Q1 2024$1.41$1.61+$0.20$1.83$2.29 billion$2.31 billion      
2/2/2024Q4 2023$1.28$1.31+$0.03$0.01$2.21 billion$2.21 billion    
10/27/2023Q3 2023$1.45$1.47+$0.02$1.45$2.34 billion$2.27 billion      
7/27/2023Q2 2023$1.95$1.99+$0.04$1.71$2.59 billion$2.32 billion      
4/28/2023Q1 2023$1.22$1.63+$0.41$2.14$2.43 billion$2.41 billion    
1/27/2023Q4 2022$1.26$0.89($0.37)$1.77$2.42 billion$2.37 billion    
10/27/2022Q3 2022$2.00$2.05+$0.05$1.64$2.57 billion$2.71 billion
7/28/2022Q2 2022$2.69$2.83+$0.14$3.63$2.79 billion$2.78 billion    
4/28/2022Q1 2022$2.07$2.06($0.01)$2.32$2.50 billion$2.71 billion      
1/27/2022Q4 2021$1.89$1.81($0.08)$0.81$2.38 billion$2.69 billion    
10/28/2021Q3 2021$2.46$2.46-$2.35$2.61 billion$2.72 billion    
8/1/2021Q2 2021$2.33$2.46+$0.13$5.99$2.40 billion$2.65 billion    
4/29/2021Q1 2021$2.03$2.13+$0.10$2.27$2.34 billion$2.41 billion  

Eastman Chemical Earnings - Frequently Asked Questions

When is Eastman Chemical's earnings date?

Eastman Chemical has not confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, July 25th, 2024 based off last year's report dates. Learn more on EMN's earnings history.

Did Eastman Chemical beat their earnings estimates last quarter?

In the previous quarter, Eastman Chemical (NYSE:EMN) reported $1.61 earnings per share (EPS) to beat the analysts' consensus estimate of $1.41 by $0.20. Learn more on analysts' earnings estimate vs. EMN's actual earnings.

How can I listen to Eastman Chemical's earnings conference call?

The conference call for Eastman Chemical's latest earnings report can be listened to online. Listen to Conference Call

How can I read Eastman Chemical's conference call transcript?

The conference call transcript for Eastman Chemical's latest earnings report can be read online. Read Transcript

How can I view Eastman Chemical's earnings report?

Eastman Chemical's earnings report can be found in their filing with the SEC. View SEC filing

How much revenue does Eastman Chemical generate each year?

Eastman Chemical (NYSE:EMN) has a recorded annual revenue of $9.21 billion.

How much profit does Eastman Chemical generate each year?

Eastman Chemical (NYSE:EMN) has a recorded net income of $894 million. EMN has generated $7.49 earnings per share over the last four quarters.

What is Eastman Chemical's price-to-earnings ratio?

Eastman Chemical (NYSE:EMN) has a trailing price-to-earnings ratio of 12.75 and a forward price-to-earnings ratio of 12.39. The price/earnings-to-growth ratio is 1.07.

What is Eastman Chemical's EPS forecast for next year?

Eastman Chemical's earnings are expected to grow from $7.71 per share to $9.17 per share in the next year, which is a 18.94% increase.


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This page (NYSE:EMN) was last updated on 4/27/2024 by MarketBeat.com Staff

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