Zacks Research Issues Pessimistic Outlook for EMN Earnings

Key Points

• Investment analysts at Zacks Research have lowered Eastman Chemical's Q2 2025 earnings per share (EPS) estimate from $1.79 to $1.72.
• Eastman Chemical’s stock is currently rated as a "Moderate Buy" with an average target price of $97.08, despite several price target adjustments by various analysts.
• The company recently announced a quarterly dividend of $0.83, with a dividend yield of 4.38% and a payout ratio of 42.24%.

Eastman Chemical Company (NYSE:EMN - Free Report) - Analysts at Zacks Research cut their Q2 2025 EPS estimates for Eastman Chemical in a research report issued on Tuesday, July 29th. Zacks Research analyst R. Department now anticipates that the basic materials company will post earnings of $1.72 per share for the quarter, down from their prior estimate of $1.79. 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 $1.80 EPS, Q4 2025 earnings at $1.65 EPS, FY2025 earnings at $7.08 EPS, Q1 2026 earnings at $1.88 EPS, Q2 2026 earnings at $1.84 EPS, Q3 2026 earnings at $2.00 EPS, Q4 2026 earnings at $2.05 EPS, FY2026 earnings at $7.77 EPS, Q1 2027 earnings at $2.12 EPS, Q2 2027 earnings at $1.96 EPS and FY2027 earnings at $8.54 EPS.

Eastman Chemical (NYSE:EMN - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The basic materials company reported $1.60 earnings per share for the quarter, missing analysts' consensus estimates of $1.72 by ($0.12). Eastman Chemical had a net margin of 8.96% and a return on equity of 15.29%. The company had revenue of $2.29 billion during the quarter, compared to the consensus estimate of $2.32 billion. During the same period in the previous year, the firm posted $2.15 EPS. The business's quarterly revenue was down 3.2% compared to the same quarter last year.

A number of other brokerages have also commented on EMN. UBS Group cut their price objective on shares of Eastman Chemical from $107.00 to $101.00 and set a "buy" rating on the stock in a research report on Wednesday, July 9th. Wells Fargo & Company cut their price objective on shares of Eastman Chemical from $125.00 to $90.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 9th. The Goldman Sachs Group cut their price objective on shares of Eastman Chemical from $112.00 to $87.00 and set a "neutral" rating on the stock in a research report on Monday, April 28th. Morgan Stanley cut their price objective on shares of Eastman Chemical from $125.00 to $115.00 and set an "overweight" rating on the stock in a research report on Monday, April 28th. Finally, Wall Street Zen lowered shares of Eastman Chemical from a "buy" rating to a "hold" rating in a research report on Monday, April 28th. Six investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $95.15.

Eastman Chemical Stock Down 19.0%

EMN traded down $13.82 during trading on Wednesday, reaching $58.79. The company had a trading volume of 7,417,691 shares, compared to its average volume of 1,306,253. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.72 and a quick ratio of 0.79. Eastman Chemical has a 12 month low of $56.78 and a 12 month high of $114.50. The business's fifty day moving average price is $77.71 and its 200 day moving average price is $84.58. The company has a market cap of $6.79 billion, a P/E ratio of 8.26, a PEG ratio of 2.09 and a beta of 1.21.

Hedge Funds Weigh In On Eastman Chemical

A number of institutional investors have recently added to or reduced their stakes in the company. Motley Fool Wealth Management LLC increased its holdings in shares of Eastman Chemical by 42.3% in the second quarter. Motley Fool Wealth Management LLC now owns 114,220 shares of the basic materials company's stock valued at $8,528,000 after purchasing an additional 33,940 shares during the last quarter. Motley Fool Asset Management LLC grew its stake in shares of Eastman Chemical by 86.7% in the second quarter. Motley Fool Asset Management LLC now owns 92,586 shares of the basic materials company's stock valued at $6,912,000 after acquiring an additional 42,995 shares in the last quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd lifted its position in Eastman Chemical by 1.3% during the second quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd now owns 25,143 shares of the basic materials company's stock worth $1,877,000 after purchasing an additional 330 shares during the period. Teacher Retirement System of Texas lifted its position in Eastman Chemical by 74.9% during the second quarter. Teacher Retirement System of Texas now owns 29,656 shares of the basic materials company's stock worth $2,214,000 after purchasing an additional 12,701 shares during the period. Finally, Y Intercept Hong Kong Ltd lifted its position in Eastman Chemical by 235.2% during the second quarter. Y Intercept Hong Kong Ltd now owns 66,200 shares of the basic materials company's stock worth $4,942,000 after purchasing an additional 46,453 shares during the period. 83.65% of the stock is currently owned by institutional investors and hedge funds.

About Eastman Chemical

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.