Zacks Research Issues Pessimistic Forecast for EMN Earnings

Key Points

• Zacks Research has significantly lowered its Q3 2025 earnings per share estimate for Eastman Chemical from $1.80 to $1.25, indicating potential challenges ahead for the company.
• Multiple analysts, including Wells Fargo and Citigroup, have reduced their price targets for Eastman Chemical, with Citigroup's target dropping to $68.00 and Wells Fargo to $70.00.
• Eastman Chemical recently announced a quarterly dividend of $0.83 per share, which results in an annualized yield of 5.0%.

Eastman Chemical Company (NYSE:EMN - Free Report) - Research analysts at Zacks Research dropped their Q3 2025 EPS estimates for shares of Eastman Chemical in a research report issued on Wednesday, August 13th. Zacks Research analyst Team now expects that the basic materials company will post earnings per share of $1.25 for the quarter, down from their prior forecast of $1.80. 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 Q4 2025 earnings at $1.30 EPS, FY2025 earnings at $6.07 EPS, Q1 2026 earnings at $1.78 EPS, Q2 2026 earnings at $1.88 EPS and Q3 2026 earnings at $1.69 EPS.

Eastman Chemical (NYSE:EMN - Get Free Report) last posted its quarterly earnings data 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 15.24%. The firm had revenue of $2.29 billion during the quarter, compared to analysts' expectations of $2.32 billion. During the same quarter last year, the business earned $2.15 earnings per share. The business's quarterly revenue was down 3.2% on a year-over-year basis. Eastman Chemical has set its Q3 2025 guidance at 1.250-1.250 EPS.

Other equities research analysts have also issued reports about the stock. Wells Fargo & Company decreased their target price on shares of Eastman Chemical from $90.00 to $70.00 and set an "overweight" rating on the stock in a research report on Monday, August 4th. Citigroup decreased their target price on shares of Eastman Chemical from $90.00 to $68.00 and set a "buy" rating on the stock in a research report on Monday, August 4th. Royal Bank Of Canada decreased their target price on shares of Eastman Chemical from $91.00 to $74.00 and set an "outperform" rating on the stock in a research report on Tuesday, August 5th. Barclays decreased their target price on shares of Eastman Chemical from $108.00 to $85.00 and set an "equal weight" rating on the stock in a research report on Tuesday, April 29th. Finally, Wall Street Zen downgraded Eastman Chemical from a "buy" rating to a "hold" rating in a research note on Monday, April 28th. Eight research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, Eastman Chemical currently has an average rating of "Moderate Buy" and an average price target of $87.00.

Eastman Chemical Price Performance

Shares of NYSE EMN traded up $0.9470 during trading on Friday, hitting $66.7070. 1,054,708 shares of the company were exchanged, compared to its average volume of 1,566,190. The company has a market cap of $7.66 billion, a price-to-earnings ratio of 9.37, a PEG ratio of 6.26 and a beta of 1.21. Eastman Chemical has a 1 year low of $56.78 and a 1 year high of $114.50. The firm's fifty day moving average price is $73.99 and its 200 day moving average price is $82.14. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.68 and a quick ratio of 0.78.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Caxton Associates LLP acquired a new position in Eastman Chemical in the 2nd quarter valued at about $388,000. Rexford Capital Inc. acquired a new position in Eastman Chemical in the 2nd quarter valued at about $302,000. Public Sector Pension Investment Board increased its stake in shares of Eastman Chemical by 52.2% during the 2nd quarter. Public Sector Pension Investment Board now owns 23,711 shares of the basic materials company's stock valued at $1,770,000 after acquiring an additional 8,134 shares during the last quarter. FORA Capital LLC acquired a new position in shares of Eastman Chemical during the 2nd quarter valued at about $1,138,000. Finally, Headlands Technologies LLC increased its stake in shares of Eastman Chemical by 558.6% during the 2nd quarter. Headlands Technologies LLC now owns 2,180 shares of the basic materials company's stock valued at $163,000 after acquiring an additional 1,849 shares during the last quarter. Institutional investors and hedge funds own 83.65% of the company's stock.

Eastman Chemical Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, October 7th. Investors of record on Monday, September 15th will be paid a $0.83 dividend. The ex-dividend date of this dividend is Monday, September 15th. This represents a $3.32 annualized dividend and a yield of 5.0%. Eastman Chemical's payout ratio is presently 46.63%.

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.