EMN - Earnings announcements

Eastman Chemical Company (NYSE:EMN) announced its first-quarter 2026 financial results. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260430144241/en/ Delivered strong sequential sales volume/mix improvement of >10 percent in specialty businesses Implementing ~$500 million of price increases across the portfolio to offset substantial raw material and distribution inflation Leveraging our integrated U.S.-based assets and global reach to be a reliable supplier to our customers amid a dynamic global environment On track with methanolysis facility revenue acceleration and ~$30 million of incremental earnings Drove 240

Eastman Chemical Company (NYSE:EMN) announced its fourth-quarter and full-year 2025 financial results. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260129238244/en/ Generated cash from operating activities approaching $1 billion in 2025, demonstrating the strength of our cash flow and resolve to deliver on our commitments in a difficult environment. Exhibited commercial excellence in 2025, defending the value of our products in a weak economic environment. Exceeded cost reduction goals, with aggressive actions that achieved approximately $100 million in savings versus our target of greater than $75 million. Achieved

Eastman Chemical Company (NYSE:EMN) announced its third-quarter 2025 financial results. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251103079329/en/ Delivered strong operating cash flow of $402 million consistent with the prior-year quarter, underscoring our commitment to cash generation. Demonstrated significant progress on inventory actions, with an approximately $200 million reduction from second-quarter 2025 levels. Continued commercial excellence in defending the value of our products in a weakening economic environment. Remain on track to reduce cost structure by more than $75 million, net of inflation, in 202

Eastman Chemical Company (NYSE:EMN) announced its second-quarter 2025 financial results. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250731345203/en/ Continued commercial excellence by our teams keeping price-cost in specialties stable and defending market share Strong results in Additives & Functional Products driven by mix improvement and leverage to stable end markets and solid results in Advanced Materials despite significant challenges in key end markets Circular platform continues making progress, with methanolysis plant setting new production records, strong customer engagement with new business pipeline buildin

Eastman Chemical Company (NYSE:EMN) announced its first-quarter 2025 financial results. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250424096385/en/ Strong first-quarter financial results with adjusted EPS in line with our guidance in January and up 19% year over year Delivered year-over-year adjusted EBIT margin improvement of 170 basis points underpinned by continued innovation, commercial excellence, and operating leverage in a tough environment Recorded best-ever uptime and production quantities at the Kingsport methanolysis facility Increased focus on cost discipline, prioritizing cash generation as we navigate the

Eastman Chemical Company (NYSE:EMN) announced its fourth-quarter and full-year 2024 financial results. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250130973764/en/ Delivered strong specialty volume/mix growth in Advanced Materials and Additives & Functional Products in the fourth quarter and full year. Delivered adjusted EBIT margin improvement of both 350 basis points in the fourth quarter and 190 basis points in 2024 through volume/mix growth, operating leverage, and commercial excellence. Continued to operate the Kingsport methanolysis facility well in the fourth quarter, positioning the facility to deliver strong e

Eastman Chemical Company (NYSE:EMN) announced its third-quarter 2024 financial results. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241031853691/en/ Strong year-over-year sales volume/mix growth with improvement in all operating segments Adjusted EBIT margin increased 360 basis points compared to last year through volume/mix growth, operating leverage, and commercial excellence Continued to make good progress on Kingsport methanolysis operations and the build of our sales funnel for 2025 Made investment decision to move forward with the Longview, Texas, methanolysis facility Returned $195 million of cash to shareholde

Eastman Chemical Company (NYSE:EMN) announced its second-quarter 2024 financial results. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240725916788/en/ Delivered strong year-over-year sales volume/mix growth driven by Advanced Materials. Drove a 300-basis-point sequential margin improvement through volume/mix growth and operating leverage. Demonstrated continued commercial excellence by focusing on specialty product offerings and managing price-cost across the company. Continued to ramp up sales to our customers from the Kingsport methanolysis facility, while demonstrating higher operating rates and broadening the ran

Eastman Chemical Company (NYSE:EMN) announced its first-quarter 2024 financial results. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240425795736/en/ Delivered strong sequential increase in sales volume/mix and earnings driven by reconnection to primary demand for many of our specialty products in Advanced Materials and Additives & Functional Products. Achieved on spec production and revenue generation at our Kingsport methanolysis facility. Pathway to ~$75 million of incremental EBITDA in 2024 vs. 2023 from Kingsport methanolysis facility. Selected by U.S. Department of Energy to receive up to $375 million investmen

Eastman Chemical Company (NYSE:EMN) announced its fourth-quarter and full-year 2023 financial results. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240201020717/en/ Delivered approximately $1.4 billion of cash from operating activities in 2023, demonstrating the strength of our cash flow. Demonstrated commercial excellence in our pricing by leveraging the strength of our value proposition to offset significant macro-driven volume challenges. Reduced costs by approximately $200 million in 2023, net of inflation. Closed the previously announced divestiture of Texas City Operations for $490 million. Introduced plasti

Eastman Chemical Company (NYSE:EMN) announced its third-quarter 2023 financial results. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231026078553/en/ Generated greater than $500 million cash from operating activities in the third quarter, underpinned by decisive actions to reduce inventories Modest sequential improvement in volume/mix in several key end markets, including consumer durables and personal care, despite a persistently weak demand environment On track to achieve full-year cost reductions of more than $200 million, net of inflation Remain on track to produce material and realize revenue from the Kingsport

Eastman Chemical Company (NYSE:EMN) announced its first-quarter 2023 financial results. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230427005948/en/ Strong sequential improvement in earnings driven by disciplined pricing, lower costs, and efficient operations. Demonstrated commercial excellence by holding prices stable to fourth quarter despite weak demand and continued customer inventory destocking. Continued progression on circular economy platform, building an exciting new vector of growth for the company. On track to reduce cost structure by more than $200 million, net of inflation. Functional amines, a stabl

Eastman Chemical Company (NYSE:EMN) announced its fourth-quarter and full-year 2022 financial results. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230126005946/en/ Strengthened our leadership in the circular economy by achieving several key milestones for all three planned polyester recycling facilities. Demonstrated commercial excellence by raising price to more than offset ~$1.3 billion inflation from higher raw material, energy, and distribution costs. Returned approximately $1.4 billion to shareholders in 2022. In fourth quarter: primary demand slowed, destocking accelerated across all end markets, and the rapid s

Eastman Chemical Company (NYSE:EMN) announced its third-quarter 2022 financial results. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221027006115/en/ The company delivered third-quarter results in line with its mid-September update: Reached a definitive agreement with PepsiCo to baseload our planned third molecular recycling facility. Third-quarter revenue increased 13 percent excluding the impacts of the divested rubber additives and adhesives resins product lines and foreign currency exchange rates. Implemented double-digit price increases across all operating segments to offset significant levels of continued inflation

Eastman Chemical Company (NYSE:EMN) announced its second-quarter 2022 financial results. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220728006015/en/ The company reaffirms guidance of $9.50-$10.00 adjusted EPS for 2022, building on strong underlying performance in the first half: Second-quarter revenue increased 15 percent excluding the impact of the divested rubber additives and adhesives resins product lines. Adjusted EPS growth of 15 percent year over year due to: Innovation-driven growth model delivering strong growth across diverse portfolio of specialty products Strong price increases in specialty businesses to r

Eastman Chemical Company (NYSE:EMN) announced its first-quarter 2022 financial results. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220428006266/en/ The company reaffirms guidance of $9.50-$10 adjusted EPS for 2022, building on strong underlying performance in the first quarter: First-quarter revenue increased 13 percent year-over-year, and 19 percent excluding the impact of the divested rubber additives and adhesive resins product lines. Made significant progress raising selling prices by 17 percent on a combined basis in Additives & Functional Products and Advanced Materials to recover spreads and offset broad-based infl

Eastman Chemical Company (NYSE:EMN) announced its fourth-quarter and full-year 2021 financial results. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220127006041/en/ The company confirms expected 8-12 percent adjusted EPS growth for 2022, building on strong growth in 2021: Strong specialty growth enabled by innovation-driven growth model Accelerating leadership in circular economy, including recently announced world's largest molecular recycling facility in France Strong cash generation resulting in increased organic growth investments and higher return of cash to stockholders (In millions, except per share amounts)

Eastman Chemical Company (NYSE:EMN) announced its third-quarter 2021 financial results. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211028006196/en/   (In millions, except per share amounts) 3Q21 2Q21   3Q20 Sales revenue $2,720 $2,653   $2,122   Earnings (loss) before interest and taxes ("EBIT") 370 (56 ) 243   Adjusted EBIT* 445 454   310   Earnings (loss) per diluted share 2.57 (1.07 ) 1.18   Adjusted earnings per diluted share* 2.46 2.46   1.57   Net cash provided by operating activities

Eastman Chemical Company (NYSE:EMN) announced its second-quarter 2021 financial results. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210802005761/en/ (In millions, except per share amounts) 2Q21 1Q21 2Q20 Sales revenue $2,653 $2,409 $1,924   Earnings (loss) before interest and taxes ("EBIT") (56) 389 54   Adjusted EBIT* 454 400 195   Earnings (loss) per diluted share (1.07) 1.99 0.20   Adjusted earnings per diluted share* 2.46 2.13 0.85   Net cash provided by operating activities 426 216 436   Free