Eastman Details Strong Free Cash Flow, Solid Balance Sheet and Significant Sources of Liquidity
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
Company Research
Source: GlobeNewswire
KINGSPORT, Tenn., March 25, 2020 (GLOBE NEWSWIRE) -- Eastman Chemical Company (NYSE:EMN) today detailed the company’s solid financial position, which provides a strong foundation during the current COVID-19 pandemic. The company highlighted the strength of Eastman's cash flow, balance sheet, and sources of liquidity. “We remain confident that Eastman is well positioned financially thanks to the resilience of our cash flow, our solid balance sheet, and our significant sources of liquidity,” said Board Chair and Chief Executive Officer Mark Costa. “While we continue to assess the impact of COVID-19, we are focusing on cash generation by taking aggressive actions on what we can control in working capital and cost management. In this environment, we remain committed to maintaining our disciplined approach to capital allocation with a focus on funding our dividend and meaningful debt reduction.” With a strong start to the year in January and resilience in February and early March,
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EMN
News
- Eastman Chemical (NYSE: EMN) had its price target raised by analysts at Royal Bank of Canada from $100.00 to $104.00. They now have a "sector perform" rating on the stock.MarketBeat
- Eastman Chemical (NYSE: EMN) had its price target raised by analysts at Piper Sandler from $90.00 to $105.00. They now have a "neutral" rating on the stock.MarketBeat
- Eastman Chemical Company (NYSE:EMN) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Eastman and Lubrizol collaborate to enhance TPE overmolding adhesion with sustainable materials [Yahoo! Finance]Yahoo! Finance
- Eastman Chemical (NYSE: EMN) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
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