Eastman Chemical (EMN) Projected to Release Earnings on Thursday

Key Points

• Eastman Chemical is expected to report Q3 2026 results after market close on October 29. Analysts project earnings of $1.93 per share on $2.41 billion in revenue, versus company guidance of $1.97 per share.
• The company’s latest quarter exceeded expectations, with EPS of $1.97 versus the $1.82 consensus and revenue of $2.51 billion, up 9.9% year over year.
• EMN shares recently traded at $63.50, while analysts maintain a consensus “Hold” rating with an average price target of $74.64. Eastman also pays a quarterly dividend of $0.84, representing a 5.3% annualized yield.

Eastman Chemical (NYSE:EMN - Get Free Report) is expected to release its Q3 2026 results after the market closes on Thursday, October 29th. Analysts expect Eastman Chemical to announce earnings of $1.93 per share and revenue of $2.41 billion for the quarter. Eastman Chemical has set its Q3 2026 guidance at 1.970-1.970 EPS. Parties may visit the company's upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Friday, October 30, 2026 at 8:00 AM ET.

Eastman Chemical (NYSE:EMN - Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The basic materials company reported $1.97 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.82 by $0.15. Eastman Chemical had a net margin of 4.99% and a return on equity of 9.46%. The company had revenue of $2.51 billion during the quarter, compared to analyst estimates of $2.40 billion. During the same period last year, the firm posted $1.60 EPS. Eastman Chemical's revenue for the quarter was up 9.9% compared to the same quarter last year. On average, analysts expect Eastman Chemical to post $6.37 EPS for the current fiscal year and $6.71 EPS for the next fiscal year.

Eastman Chemical Stock Performance

EMN opened at $63.50 on Thursday. The company has a current ratio of 1.50, a quick ratio of 0.76 and a debt-to-equity ratio of 0.72. Eastman Chemical has a 12-month low of $56.11 and a 12-month high of $83.47. The firm has a 50 day moving average of $67.88 and a two-hundred day moving average of $70.45. The firm has a market capitalization of $7.26 billion, a PE ratio of 16.54, a P/E/G ratio of 0.82 and a beta of 1.06.

Eastman Chemical Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, October 7th. Stockholders of record on Tuesday, September 15th were paid a $0.84 dividend. The ex-dividend date was Tuesday, September 15th. This represents a $3.36 dividend on an annualized basis and a dividend yield of 5.3%. Eastman Chemical's dividend payout ratio is presently 87.50%.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on EMN. Jefferies Financial Group reissued a "buy" rating and set a $85.00 target price on shares of Eastman Chemical in a report on Friday, September 25th. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating and issued a $74.00 price target on shares of Eastman Chemical in a report on Monday, August 3rd. Barclays initiated coverage on Eastman Chemical in a research note on Monday, October 12th. They set an "equal weight" rating and a $72.00 price objective for the company. The Goldman Sachs Group reissued a "neutral" rating and issued a $75.00 price objective on shares of Eastman Chemical in a report on Thursday, July 16th. Finally, Wall Street Zen downgraded Eastman Chemical from a "buy" rating to a "hold" rating in a research note on Saturday, September 12th. Six analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Eastman Chemical currently has a consensus rating of "Hold" and an average target price of $74.64.

About Eastman Chemical

Eastman Chemical Company NYSE: EMN is a global specialty materials and chemicals company that develops and manufactures products used in transportation, building and construction, consumer goods, medical products, packaging, and other industrial applications. Its portfolio includes specialty plastics, coatings, adhesives, fibers, additives, intermediates, and other performance materials.

The company's products are designed to provide properties such as durability, chemical resistance, lightweight performance, clarity, and enhanced functionality.

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