Q2 EPS Estimate for Eastman Chemical Decreased by Analyst

Eastman Chemical (NYSE:EMN - Free Report) - Investment analysts at Zacks Research reduced their Q2 2025 earnings per share estimates for shares of Eastman Chemical in a report released on Tuesday, May 20th. Zacks Research analyst R. Department now expects that the basic materials company will post earnings per share of $1.81 for the quarter, down from their prior estimate of $1.86. The consensus estimate for Eastman Chemical's current full-year earnings is $8.55 per share. Zacks Research also issued estimates for Eastman Chemical's Q3 2025 earnings at $1.84 EPS, Q4 2025 earnings at $1.70 EPS, FY2025 earnings at $7.25 EPS, Q1 2026 earnings at $1.85 EPS, Q2 2026 earnings at $1.87 EPS, Q3 2026 earnings at $2.03 EPS, Q4 2026 earnings at $2.09 EPS, FY2026 earnings at $7.84 EPS, Q1 2027 earnings at $2.14 EPS and FY2027 earnings at $8.66 EPS.

Eastman Chemical (NYSE:EMN - Get Free Report) last issued its earnings results on Thursday, April 24th. The basic materials company reported $1.91 earnings per share for the quarter, topping analysts' consensus estimates of $1.89 by $0.02. The business had revenue of $2.29 billion during the quarter, compared to analyst estimates of $2.35 billion. Eastman Chemical had a return on equity of 16.27% and a net margin of 9.65%. Eastman Chemical's revenue was down .9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.61 EPS.

EMN has been the subject of a number of other reports. KeyCorp decreased their target price on shares of Eastman Chemical from $120.00 to $106.00 and set an "overweight" rating for the company in a research note on Monday, April 28th. JPMorgan Chase & Co. reiterated a "neutral" rating and set a $76.00 price objective (down previously from $112.00) on shares of Eastman Chemical in a research report on Monday, April 28th. StockNews.com cut Eastman Chemical from a "buy" rating to a "hold" rating in a research report on Monday, April 28th. Piper Sandler lowered their price objective on shares of Eastman Chemical from $105.00 to $99.00 and set a "neutral" rating on the stock in a research note on Monday, April 7th. Finally, Morgan Stanley reduced their target price on shares of Eastman Chemical from $125.00 to $115.00 and set an "overweight" rating for the company in a report on Monday, April 28th. Six equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat, Eastman Chemical has a consensus rating of "Moderate Buy" and an average target price of $99.15.

Eastman Chemical Trading Down 1.0%

Shares of EMN stock opened at $81.56 on Thursday. The company has a current ratio of 1.51, a quick ratio of 0.78 and a debt-to-equity ratio of 0.78. Eastman Chemical has a 12-month low of $70.90 and a 12-month high of $114.50. The stock has a market capitalization of $9.42 billion, a P/E ratio of 10.62, a P/E/G ratio of 1.22 and a beta of 1.29. The firm's 50 day moving average is $81.07 and its 200 day moving average is $91.55.

Eastman Chemical Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 8th. Stockholders of record on Friday, June 13th will be given a dividend of $0.83 per share. The ex-dividend date of this dividend is Friday, June 13th. This represents a $3.32 annualized dividend and a dividend yield of 4.07%. Eastman Chemical's payout ratio is 42.24%.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Capital Research Global Investors lifted its position in shares of Eastman Chemical by 13.4% in the fourth quarter. Capital Research Global Investors now owns 5,886,564 shares of the basic materials company's stock valued at $537,561,000 after acquiring an additional 697,388 shares in the last quarter. Franklin Resources Inc. raised its stake in Eastman Chemical by 10.8% during the 4th quarter. Franklin Resources Inc. now owns 5,785,259 shares of the basic materials company's stock valued at $528,310,000 after purchasing an additional 565,821 shares during the period. Invesco Ltd. raised its stake in Eastman Chemical by 11.1% during the 4th quarter. Invesco Ltd. now owns 2,844,165 shares of the basic materials company's stock valued at $259,729,000 after purchasing an additional 284,271 shares during the period. Massachusetts Financial Services Co. MA lifted its holdings in Eastman Chemical by 4.0% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 2,843,506 shares of the basic materials company's stock worth $259,669,000 after purchasing an additional 109,316 shares in the last quarter. Finally, Geode Capital Management LLC lifted its holdings in Eastman Chemical by 1.7% in the 4th quarter. Geode Capital Management LLC now owns 2,832,593 shares of the basic materials company's stock worth $257,986,000 after purchasing an additional 48,491 shares in the last quarter. Institutional investors own 83.65% of the company's stock.

Eastman Chemical Company Profile

Eastman Chemical Company operates as a specialty materials company in the United States, China, and internationally. The company's Additives & Functional Products segment offers amine derivative-based building blocks, intermediates for surfactants, metam-based soil fumigants, and organic acid-based solutions; specialty coalescent and solvents, paint additives, and specialty polymers; and heat transfer and aviation fluids.

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