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Stock impact report

Eastman Chemicals: Low Expectations For Earnings, But Valuations And Dividend Enticing [Seeking Alpha]

Eastman Chemical Company (EMN) 
Last eastman chemical company earnings: 5/1 04:00 pm Check Earnings Report
Company Research Source: Seeking Alpha
Traditionally Q4 has always been the weakest quarter for EMN, and current consensus expectations too are lower than what management had previously guided to. The Chemical Intermediaries business is likely to fare worse than what was initially expected, while the Fibers division, which normally holds up well in Q4 will also face pressure. Cost reduction initiatives and working capital improvements will likely serve as silver linings. EMN's topline is unlikely to grow meaningfully this year, but the cost base will become tighter resulting in good enough earnings growth of 13%, while the stock also yields an impressive figure of nearly 5%. artisteer/iStock via Getty Images Introduction The stock of the global (60% of its sales are outside the US) specialty material stalwart- Eastman Chemical Company ( EMN ), which can be perceived as a mid-cap proxy on the broad materials market—has proven This article was written by Analyst's Disclosure: I/we have no stock, option or si Show less Read more
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