Eastman Chemical (EMN) Gains on Cost Cuts and Innovation [Yahoo! Finance]
Eastman Chemical Company (EMN)
Last eastman chemical company earnings: 5/1 04:00 pm
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US:NYSE Investor Relations:
eastman.com/company/investors/pages/introduction.aspx
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Source: Yahoo! Finance
Eastman Chemical, which is among the prominent players in the chemical space along with Dow Inc. DOW, Celanese Corporation CE, Air Products and Chemicals, Inc. APD, is expected to benefit from lower operating costs from its operational transformation program. EMN is taking actions to keep its manufacturing and administrative costs in control. It achieved cost savings of around $200 million in 2023, net of inflation. Pricing initiatives and lower raw material and energy costs are also expected to support the company's bottom line. Moreover, Eastman's goal is to increase new business revenues by utilizing its innovation-driven growth strategy. Its sales volumes are expected to be supported by the innovation and market development initiatives. The company is also expected to gain from the revenues and earnings generated by its Kingsport methanolysis facility in 2024. The facility is expected to deliver roughly $75 million of incremental EBITDA growth in 2024. Eastman Chemical al
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EMN
News
- Eastman Chemical (NYSE: EMN) had its price target raised by analysts at Mizuho from $91.00 to $102.00. They now have a "neutral" rating on the stock.MarketBeat
- Eastman's (EMN) Q1 Earnings and Sales Surpass Estimates [Yahoo! Finance]Yahoo! Finance
- We Think Shareholders Are Less Likely To Approve A Pay Rise For Eastman Chemical Company's (NYSE:EMN) CEO For Now [Yahoo! Finance]Yahoo! Finance
- Global Glycol Ethers Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2024-2031 - Surge in Demand for Paints, Coatings, and Adhesives Drives Expansion [Yahoo! Finance]Yahoo! Finance
- Eastman Chemical (EMN) Reports Q1 Earnings: What Key Metrics Have to Say [Yahoo! Finance]Yahoo! Finance
EMN
Earnings
- 4/25/24 - Beat
EMN
Sec Filings
- 4/26/24 - Form 10-Q
- 4/25/24 - Form 8-K
- 4/9/24 - Form 4
- EMN's page on the SEC website