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Zacks Research Has Pessimistic Outlook of EMN Q2 Earnings

Eastman Chemical logo with Basic Materials background

Eastman Chemical Company (NYSE:EMN - Free Report) - Analysts at Zacks Research cut their Q2 2025 earnings per share (EPS) estimates for shares of Eastman Chemical in a research note issued on Tuesday, June 24th. Zacks Research analyst R. Department now expects that the basic materials company will post earnings per share of $1.79 for the quarter, down from their previous forecast of $1.81. 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 $1.82 EPS, Q4 2025 earnings at $1.68 EPS, FY2025 earnings at $7.21 EPS, Q2 2026 earnings at $1.86 EPS, Q3 2026 earnings at $2.02 EPS, Q4 2026 earnings at $2.07 EPS, FY2026 earnings at $7.83 EPS and FY2027 earnings at $8.62 EPS.

Several other equities research analysts also recently weighed in on EMN. UBS Group reduced their price target on Eastman Chemical from $111.00 to $107.00 and set a "buy" rating on the stock in a report on Wednesday, May 28th. KeyCorp reduced their price target on Eastman Chemical from $120.00 to $106.00 and set an "overweight" rating on the stock in a report on Monday, April 28th. Wall Street Zen downgraded Eastman Chemical from a "buy" rating to a "hold" rating in a report on Monday, April 28th. JPMorgan Chase & Co. reiterated a "neutral" rating and issued a $76.00 price target (down from $112.00) on shares of Eastman Chemical in a report on Monday, April 28th. Finally, Mizuho upgraded Eastman Chemical from a "neutral" rating to an "outperform" rating and set a $105.00 price objective on the stock in a report on Thursday, April 3rd. Six investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company's stock. Based on data from MarketBeat.com, Eastman Chemical presently has a consensus rating of "Moderate Buy" and a consensus price target of $98.54.

Read Our Latest Research Report on Eastman Chemical

Eastman Chemical Trading Up 0.1%

Shares of NYSE:EMN traded up $0.08 during trading on Thursday, hitting $76.23. The company had a trading volume of 4,120,690 shares, compared to its average volume of 1,207,691. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.72 and a quick ratio of 0.79. The company has a fifty day simple moving average of $78.56 and a two-hundred day simple moving average of $86.88. Eastman Chemical has a one year low of $70.90 and a one year high of $114.50. The stock has a market cap of $8.80 billion, a price-to-earnings ratio of 9.70, a price-to-earnings-growth ratio of 1.78 and a beta of 1.25.

Eastman Chemical (NYSE:EMN - Get Free Report) last posted its quarterly earnings data on Thursday, April 24th. The basic materials company reported $1.91 earnings per share (EPS) for the quarter, beating the consensus estimate 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 16.59% and a net margin of 9.85%. The company's revenue for the quarter was down .9% on a year-over-year basis. During the same period last year, the company earned $1.61 EPS.

Institutional Trading of Eastman Chemical

Several hedge funds and other institutional investors have recently bought and sold shares of EMN. Raymond James Financial Inc. acquired a new stake in shares of Eastman Chemical in the 4th quarter worth $150,537,000. Capital World Investors acquired a new stake in shares of Eastman Chemical in the 4th quarter worth $137,848,000. Norges Bank acquired a new stake in shares of Eastman Chemical in the 4th quarter worth $137,416,000. Wealthfront Advisers LLC boosted its position in shares of Eastman Chemical by 3,136.8% in the 4th quarter. Wealthfront Advisers LLC now owns 736,011 shares of the basic materials company's stock worth $67,213,000 after purchasing an additional 713,272 shares in the last quarter. Finally, Capital Research Global Investors boosted its position in shares of Eastman Chemical by 13.4% in the 4th quarter. Capital Research Global Investors now owns 5,886,564 shares of the basic materials company's stock worth $537,561,000 after purchasing an additional 697,388 shares in the last quarter. Institutional investors own 83.65% of the company's stock.

Eastman Chemical Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, July 8th. Shareholders of record on Friday, June 13th will be given a dividend of $0.83 per share. The ex-dividend date is Friday, June 13th. This represents a $3.32 annualized dividend and a yield of 4.36%. Eastman Chemical's dividend payout ratio (DPR) is presently 42.24%.

About Eastman Chemical

(Get Free Report)

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.

Further Reading

Earnings History and Estimates for Eastman Chemical (NYSE:EMN)

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